汇丰银行-东南亚股票策略-halftime report strait talk-20170706-hsbc.pdfVIP

6 July 2017   Halftime report EQUITY STRATEGY ASEAN Strait Talk  We highlight stocks whose share prices have diverged sharply Ismael Pili* from our fundamental assessment as of end-June 2017 Head of ASEAN and South Asia Equity Research The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch  On a MTD basis, stocks where our conviction remains strong ismael.pili@.sg +65 6658 0606 on our Buy ratings are MEG, CHP, PGAS, and LPPF Jayant Parasramka* Associate  On a QTD, our conviction calls are with our Reduce on BEC Bangalore GG, and our Buys on Dairy Farm PGAS. YTD, we reiterate our Reduce on BDMN UMW and our Buys on MIKA CHP. * Employed by a non-US affiliate of HSBC Securities (USA) Inc, and is not registered/qualified pursuant to FINRA regulations Halfway checkp