Merrill Lynch
Asia Pacific Defenders (Sells)-May 2008
All speculative stocks with pressure on earnings growth make it to the Sell
list, with five names from India-Bhel, Idea, JP, Reliance Cap and Suzlon
Jaiprakash Associates Ltd* India Industrials
Galaxy Entertainment Group L Hong Kong Auto, Dur, Services
Paladin Energy Limited Australia Energy
Reliance Capital Limited* India Div Financials
Brambles Ltd Australia Industrials
Ping An Insurance(Group) Co. of China - H* Hong Kong Insurance
Asciano Group Australia Industrials
Ayala Land* Philippines Div Financials
Hong Kong Exchanges & Clearing* Hong Kong Div Financials
Bharat Heavy Electricals* India Industrials
Singapore Exchange* Singapore Div Financials
PICC Property and Casualty Co - H* Hong Kong Insurance
China Resources Power Holdings* Hong Kong Utilities
Cochlear Australia Health Care
Suzlon Energy Ltd India Industrials
Shanghai Zhenhua Port Macinery - B* China Industrials
Idea Cellular Limited India Telecom
China Life Insurance - H Hong Kong Insurance
Hyundai Development Co South Korea Industrials
Foxconn Technology* Taiwan Tech Hardware
Nothing in this article is, or should be construed as, investment advice.
ROHIT
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