Jefferies downgrades China Resources Power Holdings Co (CRPJF) to a Sell
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Jefferies has downgraded China Resources Power Holdings Co (CRPJF) to a Sell with a price target of HK$14.89, as reported by Alan Lau on April 3. This follows a similar Sell rating from Citi's Pierre Lau on March 19, while DBS maintained a Hold rating on March 20. Lau, who focuses on the Utilities sector, has an average return of 4.6% and a 50% success rate on his stock recommendations.
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