More funding from mortgage and bonds: Week ending Jul 26, 2015 US LV SAAR Tracking Above 17 mn for Third Straight Month; Incentives Are Healthy, ATPs Robust, and Truck Sales Stronger Asian Daily Everbright Spot Three key drivers as budget, AVIC restructuring & reforms remain in focus; Buy AviChina In line with expectations: eyeing up M&A in Tier-1 cities Hong Kong: June trade data bounces back on strong trade flows with China BONJ - Asset quality concerns overshadow strong earnings growth Equity Insights First Light Asia