Multiple Dynamic SiteEdit CPs on a Page

We have SiteEdit 2009 SP2 in SDL Tridion 2009 SP1 and it is working fine for normal published pages. It is also working ok if we have single Dynamic Component Presentation (DCP) in a page. But when we have multiple DCPs on the page, it is taking the first one only and ignoring all others.

Here is my code

<xsl:variable name="SE_CP_MarkUP">
<![CDATA[ <!-- Start SiteEdit Component Presentation: {"ID" : "cp_%ID%", "ComponentID" : "%ID%", "ComponentTemplateID" : "tcm:XX-XXXXX-32", "Version" : 0, "IsQueryBased" : true  } -->]]>

I am using this variable in loop

<xsl:value-of select="XXXX:RegexStringReplace($SE_CP_MarkUP,'%ID%',@ID)" disable-output-escaping="yes"/>

Please suggest what could be the issue?

More Detail:

Generated HTML

    <div>
  <!-- Start SiteEdit Component Presentation: {"ID" : "cp_tcm:13-287142", "ComponentID" : "tcm:13-287142", "ComponentTemplateID" : "tcm:13-286965-32", "Version" : 3, "IsQueryBased" : true  } -->
  HTMLConent
</div>
<div>
  <!-- Start SiteEdit Component Presentation: {"ID" : "cp_tcm:13-287162", "ComponentID" : "tcm:13-287162", "ComponentTemplateID" : "tcm:13-286965-32", "Version" : 2, "IsQueryBased" : true  } -->
  HTMLConent
</div>
<div>
  <!-- Start SiteEdit Component Presentation: {"ID" : "cp_tcm:13-287204", "ComponentID" : "tcm:13-287204", "ComponentTemplateID" : "tcm:13-286965-32", "Version" : 1, "IsQueryBased" : true  } -->
  HTMLConent
</div>
<div>
  <!-- Start SiteEdit Component Presentation: {"ID" : "cp_tcm:13-287234", "ComponentID" : "tcm:13-287234", "ComponentTemplateID" : "tcm:13-286965-32", "Version" : 4, "IsQueryBased" : true  } -->
  HTMLConent
</div>
<div>
  <!-- Start SiteEdit Component Presentation: {"ID" : "cp_tcm:13-287