Key takeaways from 1H16 results briefing Lifting PT to HK$45–Strong 1H16 performance but what's next? 1H16 results first take - record margins boosts profits Lifting PT to HK$6.5: Feedback from investor meetings – some stabilization and return to growth 1H16 results beat by 5% FX losses and higher tax rate drag down the profits Show time One of your core holdings in the China auto space Further rental enhancement expected New PT of HK$11.2-Stable growth for core rental fleet

Market Overview Samsung Healthcare Weekly Looking good in the long term Trump’s plans for pharmaceuticals Announced plan to divest up to 300m DCH shares for at least HK$7/share Hold: Still cloudy ahead Hold: Q3FY17 result – Another steady quarter Upgrade to Hold: Limited downside but lacks catalyst A Summary of Select Global Markets Research Morning News & Views - Asia：A Summary of Select Global Markets Research