Lates News

Citigroup analyst Jeff Chung stated in a report that due to lackluster sales performance and intensifying competition, Sailesi Group's profits will continue to face resistance. Citigroup has revised down its revenue forecast for 2026-2028 by 15%-17%, to between RMB 152 billion and 169 billion. The bank has lowered its A-share target price from RMB 88.1 to 55.4 and its H-share target price from HKD 98.90 to 63.7. Citigroup maintains a sell rating on the stock.