FY15 attributable earnings fall 2% Beneficiary of low oil prices; Buy Expect more earnings downgrades Significantly shrinking book value;reiterating Sell 高端医械龙头 有效整合释放业绩 Key takeaways from Hong Kong NDR Full-year EPS & DPS fell in 2015 多品牌全渠道继续扩张，业绩多点开花 Div trimmed as expected though CET1 hit 13% 地产板块表现大幅低于预期，“中性”