ICBC reportedly one of the bidders for The Center Hold: focus shifts from broadband to new growth areas Management reiterates positive outlook in the medium term Robust 1H and promising 2H; Buy Margin erosion more severe than expected; maintaining Sell First Take: 1H above expectations; the bright spot in a tough market Twin growth drivers continue to shine; Reiterating Buy Buy: 1H16 results in line, confirm earnings visibility Buy: Expect further improvement in 2H Buy: Confident, despite 1H earnings decline