Citigroup: Initial target price for Lanxess Technology (06613.HK) is 26 Hong Kong dollars, rating "buy".

According to the Zhixun Financial APP, Citigroup has released a research report stating that it is initiating coverage of Blue Think Technology (06613.HK) H shares for the first time, giving it a "buy" rating with a target price of HK$26 (based on a forecasted P/E ratio of 19.3 for 2026). At the same time, Citigroup has raised the target price of Blue Think Technology (300433.SZ) A shares from RMB 25 to RMB 32, still based on a P/E ratio of 25.7, but using the 2026 earnings per share forecast due to improved visibility on the foldable smartphone upgrade trend. The bank has made minor adjustments to its financial models, but net profit forecasts for 2025 to 2027 remain largely unchanged. From a valuation perspective, the bank currently prefers H shares over A shares in the short term.