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The Zhitong Finance App learned that Citi released a research report stating that it maintains Greentown China's (03900.HK) “buy” rating, and the target price was lowered from HK$11.8 to HK$10.8. Although inventory removal may still affect Greentown China's gross profit margin in 2026, estimated at 10% to 11%, the bank believes that more clarity in profit accounting can help investors justify the room for rising stock prices. The bank believes that investors will need time to establish confidence in the new chairman and CEO of Greentown China after the change of board of directors in March 2025. CCCC has strengthened controls and provided support to Greentown China, including capital consolidation and resource integration.

Zhitongcaijing·08/28/2026 03:33:08
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The Zhitong Finance App learned that Citi released a research report stating that it maintains Greentown China's (03900.HK) “buy” rating, and the target price was lowered from HK$11.8 to HK$10.8. Although inventory removal may still affect Greentown China's gross profit margin in 2026, estimated at 10% to 11%, the bank believes that more clarity in profit accounting can help investors justify the room for rising stock prices. The bank believes that investors will need time to establish confidence in the new chairman and CEO of Greentown China after the change of board of directors in March 2025. CCCC has strengthened controls and provided support to Greentown China, including capital consolidation and resource integration.