Lates News

Citigroup released a research report stating that it is observing the potential catalyst for Yadea Group (01585) to go up in the next 90 days. It is expected that the wholesale volume of electric bicycles will reach 8.7 million to 8.8 million in the first half of 2025, in line with market expectations. It is rated as "buy" with a target price of HK$22.5. It is estimated that the wholesale volume in the first five months will be close to 7 million units.