Tuesday 23rd February, 2016 Latin America Daily Spotlight China Internet Daily：Online travel, 4Q15 China White Goods Sector: January A/C segment data comment: Sales supported by export recovery Japan Research Pack Korea Internet/Game:Excessive concerns on China’s new content rules China Apparel Sector：Fundamentals remain under pressure; channels and supply chain to see changes SJM Holdings：4Q15: Results Slightly Below Expectations; Dividend Payout Of 57.3% Early February CISA output rebounds Airlines:Premium traffic growth muted in Dec, trend likely to continue in 2016; North & Mid-Pacific best; Asia-Europe worst