Gelonghui, November 13丨Daiwa published a report to reduce the target price of Yuefeng Environmental Protection (1381.HK) from HK$5 to HK$4.35, maintaining the purchase rating. According to the report, the company's stock price has dropped 2.5% so far this year, but the profit for the first half of the year increased 13% year on year. It is expected that future profits will continue to be supported by increased production capacity. At the same time, the government recently provided more information on future waste energy subsidy policies, and reiterated the buying rating when the current valuation is undervalued. The stock is currently reported at HK$336, with a total market value of HK$8.197 billion.