Credit Suisse maintained its 0710.HK buy rating, raising its target price to HK $6.30 from HK $3.75, after it raised its profit forecast for fiscal year 11-12 by 21 per cent, due to the better-than-expected performance of its car display business.

According to Credit Suisse, Fine Electric is involved in the niche car display market. A large Japanese car company has just purchased from Jingdian. Credit Suisse expects precision electric's car display sales to grow by 13% this year over the previous year, and profit margins will rise.

Fine Power surged 16.67 per cent to HK $4.9 on Friday.