Asia Essentials Worried about rates impact on EM sovereign credit? Look at EM corporates 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 EM Macro and Strategy Focus This week’s highest IP & Conviction China sales drop in January as tax rate rises 2016 net profit beats on write-back, but revenue growth misses Asian Tech Strategy