1. Kwan Chi Wan 2008086713 Yip Chun Lung 2008147268 Lee Kok Man 2006096099 Chan Kai Sang 2007176420 Wong Hin Lun 2007094971

2. Introduction We focus not only in Hong Kong, but seek opportunities in global market Mixed Equity + Futures Combined management Active + Passive

3. Investment Philosophy Passive – intrinsic value Active – market trend Fine Tuning Strategy

4. 5 Main types of equityCompany Finance / BankingCHINA LIFE, CITIC BANK, HSBC HOLDINGS P L C TransportationCHINA EAST AIR Energy / Natural ResourcesSINOPEC CORP, CNPC(HONG KONG),HARBIN POWER TechnologyGENERAL ELECTRIC CO, CHINA MOBILE, APPLE INC, MICROSOFT CORP, INTEL CORP, GOOGLE INC OthersHKEX, ZIJIN MINING No. of U.S. stock6 No. of Hong Kong stock9

5. Reason for choosing these 5 industries: Finance / Banking - China’s economy is recovering  demand on banking/finance ↑

6. Transportation -CHINA EAST AIR Purchase Shanghai Airlines Co ----> 50% market share - Join SkyTeam Alliance -Government support

7. Energy / Natural Resources -China have large amount of natural resources -Development needs large amount of Energy

8. Technology -Drop too much in financial tsunami  predict the price will recover to level before in financial tsunami

9. StockQuantityPrice to buy Price to sellReturn HARBIN POWER10,0006.45 6.44 -0.155% CHINA LIFE 10,00035.2 37.656.96% SINOPEC CORP300006.046.588.94% CITIC BANK200005.475.01-8.41% GENERAL ELECTRIC CO 5,00016.34 15.5-5.14% HKEX 5,000134.3 130-3.2% CHINA MOBILE 9,91176 78.93.82% APPLE INC496215.1222.923.64% INTEL CORP2500 19.1520.446.74% MICROSOFT CORP250028.3629.43.67% CHINA EAST AIR700002.673.8343.45% CNPC(HONG KONG) 20,0008.79 9.9713.42% GOOGLE INC150535550.312.86% HSBC HOLDINGS P L C 1,60051.28 53.614.54% ZIJIN MINING 102,0006.33 6.370.63%

10. Strategy: 1. Short term 2. Active management based on a. market issues b. momentum analysis c. macroeconomic analysis

11.  US indices future 1.Dow Jones Industrial Average 2.NASDAQ 100 Composite 3.S&P 500  Metals future 1.Gold Currencies future 1. Euro 2.Australian Dollar 3.Canadian Dollar

12. Why US indices future? Market issues US economy is in good pace of recovering 1. Good economic factors enhance the recovery of US market.

13. Why Euro Future? Market issue 1. Value of Euro against US$ Decline greatly since Greece crisis 2. Sensitive to positive market news ( Rescue Package )

14. Why Australian Canadian Dollar and Gold future? Market issue, momentum and macroeconomic analysis 1. US dollar and Euro are weak 2. Momentum of two currencies

15.  Result 1. Positive overall return 5% from all future positions