January throughput growth slows sharply at major ports Buy: We see positive implications in 1Q17 guidance FITT: Asian Tech Strategy; HK Utilities:prefer CLP; China Gas Utilities Mortgage growth hits recent low EM Macro and Strategy Focus China sales drop in January as tax rate rises 2016 net profit beats on write-back, but revenue growth misses Asian Tech Strategy Financial deleveraging likely near-term overhang Delever Financial Market: Regulators May Tighten Interbank WMPs