--> All Notes attached
* GS - Asia : 2H strategies: stay selective in a moderate return regime* GS - China: Brokers & Asset Managers - Prefer large brokers like GFS (CL-Buy); cut target prices; upgrade CMS to Neutral
* GS - Europe Construction - Growing markets, growing share; initiate on TPK and WOS as Buy
* GS - Europe Transportation - Global industrial data weak, Europe better ─ What the global transport markets say