Citi: Weichai Power (02338.HK) valuation gap with the AIDC index widens to the widest level of the year; Q3 net profit expected at approximately RMB 4.1 billion
Zhito Finance APP has learned that Citi released a research report stating that Weichai Power (02338.HK) share price fell 10% over the past week, underperforming the AIDC/SOFC/AI weighted index, reflecting that the valuation gap between downstream AIDC equipment manufacturers and upstream manufacturers may further widen; the bank expects the company's third-quarter revenue to be RMB 56.6 billion.
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