License renewal risks heightened Acquisition of Tibet assets seems too aggressive. D/g GDPOLY 20s to Hold WMP Registration Should On Full Underlying Asset Basis Shanghai suspends approval of new commercial apartments Construction materials and paint diverge BRate pause continues amid weak inflation Capex outlook continues to brighten April premium – Moderated growth for both Life and P&C COAL MARKET UPDATE:CHINA TRIP TAKEAWAYS:NEGATIVE FOR THERMAL NEAR TERM SA Golds at spot: no clear value