Global Economic: Calendar – Asia Edition EM TODAY Industrial park segment benefiting from PPP model promotion Consumer & Media Daily Japan Research Pack Lowering PT to HK$7.4 – Core operations in line in 1H China TV sales slow while overseas sales pick up First contract from international auto brand Negatives priced in, Buy on dips Softer October Lodging Data, But May Be More Corporate Driven; We Think OTA Trends Stable