Construction(NEUTRAL):Stimulus and accounting changes in spotlight Steel(NEUTRAL):Iron ore and steel prices still rising D/G Tingyi to Hold; Equity Strategy; Anta:results (=)/TP down; A&D; White goods Phm/Biote(NEUTRAL):Key takeaways from corporate day Hong Kong: January CPI rises 2.7%oya driven by food prices Growth in demand varies by market CHINA BANKS - ILLEGAL REDISCOUNTED BANK BILLS OF RMB8TRN SHOULD BE INTERPRETED CAREFULLY What caught my eye?v.53Philippines shelter; CBs calling E.T INDUSTRY UPDATE - Apple pay: To join, to incentivize, not to overwrite PT raised 8% to $28/sh on African growth and lower costs/capex