China's electricity fell 4% but Deutsche Bank continued to review and buy 3 yuan

Chinese electricity, which was injected by the parent company with nearly 4.5 billion yuan in hydroelectric assets, has fallen sharply this morning, with shares falling 4.07% to HK $2.59 and 27.32 million shares.　　Deutsche Bank issued a report saying it maintained the stock's buying rating, with target prices rising from HK $2.3 to HK $3, a premium of 16% at market prices. According to Deutsche Bank, the above valuation is fair to shareholders, but the impact on earnings per share is expected to be neutral, as 40% of new shares will be issued to the parent company. China's power generation capacity will rise 25% to 11,282 MW, with 19% per cent of hydropower, after injecting five of its hydropower. Deutsche Bank believes it will make Chinese electricity the most diversified independent power generation company because its peers still have more than 90% of its capacity to be thermoelectric