Citigroup raises the target price for CHINA TRAVEL HK to HKD 1.57, reiterating a "Buy" rating

AASTOCKS
2025.11.27 02:01

Citi published a research report, raising the target price for CHINA TRAVEL HK (00308.HK) from HKD 1.47 to HKD 1.57 to reflect the company's proposed restructuring plan to distribute its tourism real estate business to shareholders. However, due to a lack of additional information, the original earnings forecast is maintained at this stage, and a "Buy" rating is continued