HSBC Research has released a research report, listing the latest investment ratings and target prices for various mainland and Hong Kong public utilities as follows:

Stock | Investment Rating | Target Price (HKD)

Xinyi Energy (03868.HK) | Hold | HKD 0.9

China Longyuan Power (00916.HK) | Buy | HKD 8.6

China Resources Power (00836.HK) | Buy | HKD 25.6

China Power International (00902.HK) | Hold | HKD 4.8

China Huadian Power International Corporation (01071.HK) | Hold | HKD 4

China Power (02380.HK) | Buy | HKD 4.3

Cheung Kong Infrastructure (01038.HK) | Buy | 59 yuan

Power Assets (00006.HK) | Buy | 63 yuan

CLP Holdings (02638.HK) | Buy | 6.2 yuan

CLP Holdings (00002.HK) | Buy | 78 yuan

HK & China Gas (00003.HK) | Hold | 6.1 yuan

ENN Energy (02688.HK) | Buy | 67 yuan

Kunlun Energy (00135.HK) | Hold | 8.5 yuan

China Resources Gas (01193.HK) | Hold | 31 yuan

TG Smart Energy (01083.HK) | Buy | HKD 3.8

Beijing Enterprises Holdings (00392.HK) | Buy | HKD 33

China Gas Holdings (00384.HK) | Hold | HKD 7.2

Beijing Enterprises Water Group (00371.HK) | Hold | HKD 2.6

Guangdong Investment (00270.HK) | Hold | HKD 4.6

EB Environment (00257.HK) | Buy | HKD 4.5

The Wharf (Holdings) (00019.HK) | Hold | HKD 69

New World Construction (00659.HK) | Buy | HKD 8.9

PetroChina (00857.HK) | Buy | 9.2 yuan

CNOOC (00883.HK) | Buy | 23.4 yuan

Sinopec (00386.HK) | Hold | 4.6 yuan