Hold: On track for cooperation synergies Hold: Weak results, not a surprise A weak set of results, with mounting deleveraging pressure Buy: Asset restructruing a positive for Shenhua A fair JV proposal to minority shareholders Above expectations, visible quality improvement Hold: Encouraging sign of improved profitability A good investment proxy for the rising wireless charging trend Buy: Firmer base for long-term growth CEEMEA & Latam Daybook