APAC Equity Strategy:Foreigners again turn net buyers;Taiwan China Cement Weekly Strategy:Revisit of SOE Reform Plays Alternative Asset Managers: Significant Dry Powder / Limited Fr. Value Investments Protect Downside, Provide Longer Term Upside E&P Budget Watch Part II: Are the Efficiencies Real,or Are E&Ps Just Kicking the Can to 2H16? Hold:fundamental recovery still not in sight Buy:Signs of a strong recovery Dry Bulk Shipping:Ship chartering activity was light due to CNY holidays;iron ore ports' inventories rose Homebuilding:Orlando/Tampa Tour Takeaways:Orlando Demand Solid to Strong;Tampa Demand Fair A nickel's worth

事件点评：四季度利润增长加速，值得关注的绩优成长股 公司点评：主业确认反转，海洋大旅游前景可期，股价空间打开 经济低迷环境下的国企改革受益股 2014年业绩高速增长，互联网法律诚信业务渗透加快 4季度业绩大幅低于预期 预调酒龙头，品牌优势不断强化 公司简报：进军石墨新材料领域，开始二次创业 国企改革有望启动，估值继续提升 公司点评：人事变更超预期，产险短板将改善 快评：14年业绩低于预期，维持“卖出”