Downgrade as earnings growth ends Stalled earnings growth; stillhigh debt burden likely to remain over FY13-15F Raising PT to HK$9.9 – Get ready for a long hike Downstream resilience may help despite a weaker 4Qoutlook 3Q13 results briefing from J.P. Morgan conference call- ALERT Weak 3Q data despite peak season Third Plenary Session of Chinese Communist Party's Central Committee to be held 9-12 November A mixed 3Q13 Another bystander of the 3Q13 blues September Sales review Initiating at Overweight - Riding the Solid Growth inDairy Beverage