Geely Automobile (175 HK) N(V): Waiting for another big hit model Kerry Properties (683 HK) OW: More happenings in China Not much to look forward to Trinity Ltd (891 HK) N(V): No operational pick-up; reasonable valuation Inline earnings；rising asset quality pressure Awaiting cash deployment 1H13 Results Review Telecom Sector First Take: 1H13 below GSe on beer tax; bidding for Parknshop 1H13 results: driven by volume growth China Telecom Corp (728 HK) OW: 1H results – solid results confirm top-pick status in China telco space