Citi Chuyu Sheng Guan (0829.HK) bought the rating, with a target price of HK$12 (equivalent to 25 times the price-earnings ratio in 2011); indicating that the company's market share of the edible casings products market in the mainland is close to 80%, and its compound annual profit growth rate for the 10-12 fiscal year is expected to reach 29%; it believes that Shenguan has a leading position and bargaining power in the industry, while market growth continues to be strong, and the entry threshold is also high. The Crown closed at HK$9.33 yesterday.