China Water – Buy on dip below HKD 2.50

As water is the major issue for China in the century.  We believe China Water is a bargain at the current price with a target price cross back HKD 3.00.  We sold few months back at around HKD 3 to 3.1.  As the performance improving further.  The current price represent a bargain for a solid utilities counter for safe bet and yield.