HONG KONG DAYBOOK: Chicken Cull; ICBC Trust; Trade Data; G

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(BFW) HONG KONG DAYBOOK: Chicken Cull; ICBC Trust; Trade Data; G
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HONG KONG DAYBOOK: Chicken Cull; ICBC Trust; Trade Data; Gold
2014-01-27 21:03:18.125 GMT


By Bloomberg News
    Jan. 28 (Bloomberg) -- H.K. will cull ~20,000 chickens at
wholesale poultry mkt today after sample from a chicken imported
from mainland tests positive for H7N9 avian influenza virus.
    City government will close mkt for 21 days, until Feb. 18,
for cleaning, disinfection, will suspend imports for the same
period from the farm that provided the chicken, Secretary for
Food and Health Ko Wing-man says in news release.

WHAT TO WATCH:
 * ICBC (1398 HK): Offers clients option to recoup funds in
   trust
 * China’s trade data under scrutiny as H.K. imports diverge
 * China Dec. gold imports from H.K. 126,644 kg; exports to
   H.K. 34,752 kg
 * Fired BofA trader’s boss rejects claim he dumped losses on
   her
 * China Life (2628 HK): Net may rise 120% y/y on investment
   gains
 * Zijin Mining (2899 HK): 2013 net fell 58% y/y to 2.18b yuan
 * China to promote domestic institutions’ sale of bonds in
   H.K.
 * H.K. Dec. exports unchanged y/y vs +3.6% est. Dec. imports
   rose 1.8% y/y vs +3% est.
 * Sa Sa (178 HK): Calls Next Magazine story “false, illogical
   and absurd”
 * H.K. est. 7.9M border crossings for Chinese New Year


EARNINGS:
 * Natural Dairy (462 HK), 1H


BONDS:
 * China to promote domestic institutions’ sale of bonds in
   H.K.


CONFERENCES/CORPORATE EVENTS:
 * Deloitte briefing on upcoming HK budget, 11:30 a.m.
 * HKGCC briefing on China tax-reform trends, investment
   opportunities, 1 p.m.


IPO WATCH:
 * Honworld (2226 HK): Gains 27% in H.K. gray mkt: Standard
   Link


ANALYST RATINGS:
 * China Yurun (1068 HK): Raised to hold at DBS Vickers
 * Galaxy Entertainment (27 HK): Cut to hold at DBS Vickers
 * Hang Lung (101 HK): Cut to neutral at HSBC
 * Henderson Land (12 HK): Cut to neutral at HSBC
 * Link REIT (823 HK): Cut to neutral at HSBC
 * Mengniu Dairy (2319 HK): Cut to hold at DBS Vickers
 * Uni-President China (220 HK): Raised to buy at DBS Vickers


EQUITY PREVIEW:
 * Renewable: Spending to turn corner as bonds hit record: BNE
 * Aluminum: China’s overcapacity seen by Fitch holding down
   prices
 * Banks: China Credit Trust product likely to avoid outright
   default and resolution may take months, UBS said
 * Building contractors: China to speed up central, western
   railway development: CNR
 * Gold cos.: China Dec. gold imports from H.K. 126,644 kg;
   Dec. exports to H.K. 34,752 kg
 * Meat packers: China pork prices fall 1.9% w/w
 * Trading cos.: H.K. Dec. exports unchanged y/y vs +3.6% est.
   Dec. imports rose 1.8% y/y vs +3% est.
 * Air China (753 HK): Wang Changshun resigns as chairman
 * Bright Smart (1428 HK): To raise HK$94.4m selling 75m shrs
 * BYD (1211 HK): Li Keqiang says govts should use new-energy
   cars
 * Capital VC (2324 HK): To raise up to HK$171m in 4-for-1
   rights offer
 * Carnival (996 HK): To buy 26% stake in Beijing villa project
   for HK$100m
 * Chaowei Power (951 HK): Profit drops even as sales increase
 * China Hanking (3788 HK): Unit arranges $25.6m loan facility
   with HSBC
 * China Info Tech (8178 HK): Holders approve rights offer
 * China Life (2628 HK): Net may rise 120% y/y on investment
   gains
 * China Metallurgical (1618 HK): 2013 net ~2.8b yuan
 * China Shipping Container (2866 HK): Expects FY loss of 2.63b
   yuan vs profit y/y
 * China Star (326 HK): To sell up to 3.2b shrs at HK$0.125
   each
 * Citic Bank (998 HK): Holders approve non-performing asset
   writeoff
 * Citic Resources (1205 HK): Expects FY net loss to widen on
   Chinese oil assets and weak commodity prices
 * Guangzhou Auto (2238 HK): 2013 net may have risen 100%-150%
   y/y on increased sales
 * Hopewell Holdings (54 HK) 1H net HK$738.8m vs HK$10.4b y/y;
   1H sales HK$788.5m vs HK$739.9m yr ago
 * Huaneng Power (902 HK): 2013 net rises >75% y/y
 * Hutchison (13 HK): Unit A.S. Watson plans to open 1,200 new
   stores this yr
 * ICBC (1398 HK): Offers clients option to recoup funds in
   trust
 * JF Furnishings (776 HK): To sell up to 47.9m new shrs at
   HK$3.14 each
 * Legend Strategy (1355 HK): May develop budget hotels in
   China with Vanli
 * New China Life (1336 HK): 2013 net may have risen ~50% y/y
   on increasing investment gains
 * Sa Sa (178 HK): Calls Next Magazine story “false, illogical
   and absurd”
 * Sinopec (386 HK): 2013 crude oil output GAINS 1.24% y/y;
   natural gas output increases 10.4%
 * Sun Hung Kai (86 HK): Type 6 license suspended 1 yr by H.K.
   tribunal in Sino-Life (8296 HK) listing case
 * Tencent (700 HK): Promotes WeChat in U.S. via Google: Xinhua
 * Yusei (96 HK): To sell 26.4m new shrs at HK$0.80 each
 * Zhejiang Shibao (1057 HK): To raise up to 708m yuan in A-shr
   placement
 * Zijin Mining (2899 HK): 2013 net fell 58% Y/y to 2.18b yuan


BTV HIGHLIGHTS (ALL TIMES HONG KONG/CHINA):
 * 8:40 Shanghai Tang Chairman Raphael le Masne de Chermont
 * 9:40 Bocom Chief China Strategist Hao Hong
 * 11:10 UBS WM Regional CIO Asia Pacific Pu Yonghao



For Related News and Information:
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First Word newswire: {NH BFW<GO

--Eleni Himaras and Alfred Cang, with assistance from Gregory
Turk in Shanghai and Debra Mao in Taipei. Editor: Joshua Fellman

To contact Bloomberg News staff for this story:
Eleni Himaras in Hong Kong at +852-2977-4631 or
ehim...@bloomberg.net;
Alfred Cang in Shanghai at +86-21-61043031 or
ac...@bloomberg.net

To contact the editor responsible for this story:
John Liu at +86-10-6649-7565 or
jli...@bloomberg.net

---

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