[ET Net News Agency, 7 October 2021] Citi lowered its target price for Sun Art Retail
(06808) to HK$6.08 from HK$11.62 and maintained its "buy" rating.
The research house said it continues to be positive on the partnership with Alibaba as
Baba eco-system's major supplier in FMCG categories. It expects the recovery to be quicker
than peers when competition normalizes. (RC)