Lates News

Citigroup published a research report pointing out that CR Vanguard's revenue growth in the first half of the year was stable, the cash flow recovery rate is still good, and the company is confident that the full-year cash flow will exceed profits by more than double. The bank maintains its forecast of a 15% profit growth for CR Vanguard this year and expects it to increase by approximately 10% in 2026 and 2027. Considering a 5% dividend yield, the bank maintains its "buy" rating on the stock with a target price raised from HK$40 to HK$48.5.