Asia Essentials

Sarana Menara Nusantara (Initiating coverage with Neutral)

    Tower Bersama (Initiating coverage with Underperform)

    Asahi Breweries (Outperform)

    British American Tobacco (Malaysia) (Downgrade to Neutral)

    Canara Bank (Underperform)

    CapitaLand (Outperform)

    China Taiping Insurance (Outperform)

    DiGi.com (Underperform)

    EVA Precision (Outperform)

    Fortis Healthcare (Outperform)

    Godrej Properties (Outperform)

    Hexaware Technologies (Outperform)

    IHI Corp (Outperform)

    JX Holdings (Outperform)

    Kalbe Farma (Downgrade to Neutral)

    Marico (Neutral)

    My E.G. Services Bhd (Outperform)

    Nippon Indosari (Outperform)

    Sadbhav Engineering Ltd (Outperform)

    Standard Chartered (Downgrade to Underperform)

    Wistron (Underperform)

    Yokogawa Electric (Outperform)

    Zee Entertainment (Outperform)

    Asia-Pacific Telecoms

    Hong Kong Property

    Indonesia Towers

    The Jardine Group

    Philippine banks

    Taiwan telecom sector

    Macquarie Agri-view

    Macquarie Commodities Comment