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RTNominal down2.710 -0.070 (-2.518%)
Research Report

07/06/2023 14:50

{I-bank focus}Citi lowers Yongda Auto (03669) to HK$5.32

[ET Net News Agency, 7 June 2023] Citi lowered its target price for Yongda Auto (03669)
to HK$5.32 from HK$7.4 and maintained its "buy" rating.
The research house said it expects 1H23 NP range between RMB 440-530m depending on
margin recovery on Porsche in June, BMW sale-mix and 2Q GPM after special rebate. (RC)

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