Hold: Headwinds set to emerge from SIM registration Buy: Super app strategy drives strong results Daily prices and news: China's largest steelmaking city orders capacity cuts Hold: low probability of payout ratio change in 2018e Strait Talk In-line quarter led by manufacturing business Downgrade to Hold: Signs of stability well anticipated Buy: 3Q17 results missed on input cost pressure; L-T margin uptrend intact on better sales mix Weaker quarter, but downside reduced; u/g to Hold Flash Notes