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www dbsvickers com in singapore this research report may only be distributed to institutional investors as defined the securities and futures act chapter 289 of 25 august 2006 regional daily dbs group equity highlights hotung investment strong 2q06 results buy us 0 11 hih sp raffles education niche provider region s 2 57 rls hong kong cheung met expectations hk 84 45 0001 follow hutchison whampoa no surprises 72 0013 chalco positive on aluminum dividends 5 24 2600 gzi reit line with 3 09 0405 zte weakness 05 0763 china unicom spin off speculation is risky hold 7 03 0762 giordano weak but m&a continues 4 55 0709 tvb not good they appear 44 85 0511 malaysia malayan banking fy06 exceed 35 sen gross dps rm10 80 mk comments proton holdings distribution rights thailand fully valued rm4