Takeaways from 1H16 analyst briefing Beijing Enterprises Water Looming downside risks; downgrading to Hold Key NDR takeaway: new gas supply contract settled Buy:Non-deal roadshow takeaways 1H16 quick take: affected by film market slowdown, but earnings growth remains strong 2Q operating profits down 14% y/y, weaker than expected H116 result is weak, but management is confident on outlook 金色香江─每日晨报 Results miss; volume declined more than industry average, competition remains intense