Citigroup: Initiates a 90-day uptrend observation on Yadea Group Holdings (01585.HK) with a target price of 22.5 HK dollars.

According to the Zhitong Finance APP, Citibank has released a research report stating that it is observing the 90-day upward catalyst of Yadee Holdings (01585.HK) and predicts that its wholesale volume of electric bicycles will reach 8.7 to 8.8 million units in the first half of 2025, which is in line with market expectations. They rated it as a "buy" with a target price of 22.5 Hong Kong dollars, estimating that the wholesale volume in the first five months will be close to 7 million units.