Key Analysis

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Healthier Profit Margins From 4G Growth

The successful bids of spectrum at close to reserve prices indicate the stable market structure of HK in the coming years. We expect profits for Hong Kong operators to improve as 4G is increasingly...

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Mining & Metals Equity Outlook

We expect mining equities to continue facing headwinds into 2015 and therefore expect the Bloomberg World Mining Index to underperform broader global equities. Miners' performance will be capped by...

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