Citi: Haitian International (01882.HK) Chairman's Share Increase Signals a Good Entry Point; Reiterates "Buy" with a Target Price of HK$27

Zhito Finance APP has learned that Citi released a research report stating that the chairman's increase in shareholding in Haitian International (01882.HK) implies a good entry point. The bank believes management aims to show high confidence in the company at current low levels, and interprets the timing of the increase as management agreeing with a profit recovery in the second half of the year and undemanding valuation. It reiterates a "Buy" rating with a target price of HKD 27.