Asia Credit Weekender：Notes published this week Hong Kong/China Property Daily Bank sub-debt: value remains in HK&S. Korea. AMC snr - a good alternative U/G SZE to Buy; D/G HK Land to Sell; Strategy; BEHL/GE/Geely/Baidu/Tencent A year of upgrade-led growth driven by increasing dollar content Too early to call it a bottoming-out Hold: In-line FY15 results, but uncertain outlook What’s Changed, Research Focus, Today’s Events Falling after peak year 2015 Buy: Underappreciated play on Chips in Chin