STOCKWATCH: China Light support at HK$40

China Light & Power Holdings (0002) has been performing steadily at a high position, but RSI has indicated the tendency of entering consolidation zone and turnover has become tranquil. It is expected to consolidate with initial support at HK$40 on the 10-day moving average line. Mid-term investors can continue to hold. Resistance stance set at HK$41.5.

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