20080828-ICEA-Daily Tactics

Today’s Highlights
􀂾 Another day of strength
􀂾 Daphne – Decent performance from core own brands; BUY
􀂾 Li Ning – Results in line with expectations; BUY
􀂾 China Mobile – Encouraging interim but earnings outlook deteriorating;
ACCUMULATE
􀂾 Huaneng Power – Surge in fuel cost leads to loss