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Defensive play with 4.7% yield In line with expectations: A small dividend hike as a bonus Hold: Weak capital position remains a concern Buy:Key takeaways from Asia non-deal roadshow Wednesday 24th February, 2016 China Water Utilities Results Preview:Beijing Enterprises Water likely to beat.Positive surprise likely from GDI DPS South Africa 2016 budget: What lurks beneath? Buy: Positive outlook from management; FY15 results in-line Consumer & Media Daily Hong Kong: GDP (Q4 2015) and Budget (2016/17)