May FAI growth shows incremental weakness vs. April OW: Factory maintenance drives sharp 4W sales decline UW: May traffic stats – stronger volume growth offset by a decline in average revenue per vehicle Downgrading to Hold; valuation rich despite sound fundamentals Tencent's client-based games Power Sector sees early signs of recovery FY14 results first take Daily prices & news: Citic Resources claims $50m of its alumina missing BOT keeps policy rate at 2% Hang Seng Index – Daily Futures Fair Value Monitor