--- title: "Citi lowers Sanhua's target price to 35 yuan and downgrades its rating to \"Neutral\"" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/277413527.md" description: "Citigroup has lowered the target price for Sanhua to 35 yuan and downgraded its rating to \"Neutral.\" Despite the market's growing optimism towards humanoid robots and artificial intelligence data centers, the short-term contribution to the company's revenue remains small, and the cooling business faces growth pressure. The automotive parts business is affected by declining Tesla sales and a slowdown in new energy vehicle sales. The bank prefers Sensata Technologies and Joyson Electronics due to their more attractive valuations" datetime: "2026-03-02T06:13:23.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277413527.md) - [en](https://longbridge.com/en/news/277413527.md) - [zh-HK](https://longbridge.com/zh-HK/news/277413527.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/277413527.md) | [English](https://longbridge.com/en/news/277413527.md) # Citi lowers Sanhua's target price to 35 yuan and downgrades its rating to "Neutral" Citi stated that, based on the market's growing optimism towards humanoid robots and artificial intelligence data centers, Sanhua (02050.HK) has seen its stock price rebound from the low at the end of November last year. However, the contribution of humanoid robots and AI data centers to the company's revenue remains relatively small in the short term, and the cooling business may face growth pressure due to demand being squeezed by last year's trade-in subsidies. The automotive parts business may also be affected by declining Tesla sales and a slowdown in the growth of new energy vehicle sales in the mainland. The bank believes that Sanhua's current risk-reward profile is neutral; after changing the valuation model, the target price for Sanhua H shares has been lowered from HKD 43 to HKD 35, while the target price for Sanhua A shares (002050.SZ) has been raised from RMB 40 to RMB 52, with the rating downgraded from "Buy" to "Neutral." In the automotive parts industry, the bank prefers Sensata Technologies (00425.HK) and Joyson Electronics (00699.HK) due to their more attractive valuations and strategic involvement in the humanoid robot sector, while also benefiting from significant overseas business exposure ### 相關股票 - [Direxion Daily TSLA Bull 2X Shares (TSLL.US)](https://longbridge.com/zh-HK/quote/TSLL.US.md) - [GraniteShares 2x Long TSLA Daily ETF (TSLR.US)](https://longbridge.com/zh-HK/quote/TSLR.US.md) - [GraniteShares 2x Short TSLA Daily ETF (TSDD.US)](https://longbridge.com/zh-HK/quote/TSDD.US.md) - [Sanhua (002050.CN)](https://longbridge.com/zh-HK/quote/002050.CN.md) - [AXS TSLA Bear Daily ETF (TSLQ.US)](https://longbridge.com/zh-HK/quote/TSLQ.US.md) - [T-Rex 2X Long Tesla Daily Target ETF (TSLT.US)](https://longbridge.com/zh-HK/quote/TSLT.US.md) - [Tesla (TSLA.US)](https://longbridge.com/zh-HK/quote/TSLA.US.md) - [Leverage Shares 2X Long TSLA Daily ETF (TSLG.US)](https://longbridge.com/zh-HK/quote/TSLG.US.md) - [SANHUA (02050.HK)](https://longbridge.com/zh-HK/quote/02050.HK.md) - [T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ.US)](https://longbridge.com/zh-HK/quote/TSLZ.US.md) - [Simplify Volt TSLA Revolution ETF (TESL.US)](https://longbridge.com/zh-HK/quote/TESL.US.md) - [Hua Xia CSI New Energy Vehicles ETF (515030.CN)](https://longbridge.com/zh-HK/quote/515030.CN.md) - [GraniteShares 1.25 Long TSLA Daily ETF (TSL.US)](https://longbridge.com/zh-HK/quote/TSL.US.md) - [Direxion Daily TSLA Bear 1X Shares (TSLS.US)](https://longbridge.com/zh-HK/quote/TSLS.US.md) ## 相關資訊與研究 - [Wealthcare Advisory Partners LLC Increases Stake in Tesla, Inc. $TSLA](https://longbridge.com/zh-HK/news/280907578.md) - [Tesla’s sales recover slightly, but the trend lines are all bad](https://longbridge.com/zh-HK/news/281541012.md) - [SpaceX IPO Puts Sam Bankman Fried/FTX Stake In Musk Company Back In Spotlight: Here's The Missed Profits](https://longbridge.com/zh-HK/news/281557662.md) - [Suspected Arson Destroys Tesla Showroom in Sydney, Police Launch Investigation](https://longbridge.com/zh-HK/news/281110273.md) - [Tesla, Inc. $TSLA Shares Sold by BTC Capital Management Inc.](https://longbridge.com/zh-HK/news/281321406.md)