Tang Targets Huaneng Power at HK$4.4

Kenny Tang, associate director of Tung Tai Securities Ltd., recommended a buy on Huaneng Power International Inc. (0902) for its better-than-expected 38 percent rise in interim net profit. Tang suggests a buy on the stock at below HK$4.1, with target at HK$4.4 and stop-loss at below HK$3.8.

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