Cr Power fell 4% but HSBC's top-class stocks preferred and reiterated their holdings

China Resources Power, which has been awarded a maximum of 3 billion yuan per year, has a weak rebound in the industry, with shares falling 3.98% to HK $17.86 and 20.67 million shares a day after softening.　　HSBC has issued a report saying it maintains the stock's rating and listed it as the preferred category, with a target price of HK $24.73 per cent, a hefty premium of 38% for the market. HSBC means, the proposed 10 for 1 per cent share of CR Power may enhance the company's financial position and pave the way for further investment in electricity and coal operations; The estimate may reduce net debt equity at the end of 2009 from 112% to 82%, with a dilution of about 2010 for each share of the fiscal year 9%. At the same time, the target price does not take into account potential business expansion after the stock, which means higher potential returns. Once China resources Power has been cost-saving by increasing coal production since 2010, it believes the unit will be given a new evaluation of its target price in the line.