OOCL is up 6.1% Credit Suisse to keep winning the big city rating

OOCL (00316-HK) is now up 6.1%, at HK $34.80, to deal 1.2881 million shares, which is now winning the big city, with a 1.91% rise in the index.　　Credit Suisse maintained the stock's market rating and raised its target price from HK $23.10 to HK $40.60, based on the result of the total value added to each part, and the adjustment to the value of the net asset price discount of 40% per cent compared to the new real estate project, with the original target price of 80%. The company's operating environment remains tough, but trade demand is showing signs of stabilising, the bank said. The company will also benefit from a rebound in China's property market, which has business in the Chinese market. But Credit Suisse downgraded the company's earnings forecast for the 09-10 fiscal year, delaying its estimate of the contribution of property projects. However, it is still listed as the preferred stock in the industry because of the healthy balance sheet and the previous good business record.