Profit alert – 2015 net profit to grow~40% Indian banks: 'Asset Quality Review' exposes deep cracks. Stay UW 4Q15 results:EBITDA miss on SG&A/exports;Outlook intact Hold:Solid FY15e rental;operating challenges remain China Economic Watch:A temporary rise in CPI inflation while PPI deflation lessened in January Quick Note Aluminum Corp of China (2600 HK/601600 CH):Hold H-share, Reduce A-share: Long road ahead China Tourism Sector: Spring Festival Golden Week travel data review: Outbound travel continues high growth China: Banks：NPL and liquidity outlook turning less certain, banks to muddle through; 7 rating changes Hold: Beijing Benz 2015 earnings slightly better than our expectation