3Q in line，but 4Q likely to be weak Initiation: materially different Slow bottom line growth could disappoint the market 3Q13 results in-line on disciplined 3Q NP above expectation; FCF breakeven 3Q beat market expectations;maintain Buy on improving outlook CMB - 3Q13 results beat on fee income growth and tight cost control PetroChina Downgrading Goldwind to Hold and raising target price for BEWG Delta Electronics (2308 TT) OW: structural growth story remains intact