Citigroup: Upgrades Daqo New Energy Corp (00902.HK) target price to 6.2 Hong Kong dollars, reiterates "buy" rating.

Wisdom Financial APP learned that Citi released a research report stating that it reaffirmed its "buy" rating on Huaneng International Power Corporation (00902.HK). Based on the reduction in coal prices, the net profit forecast for 2025 to 2027 is raised by 19% to 23%. The target price for H shares is raised by 15% to 6.2 Hong Kong dollars, and the target price for A shares (600011.SH) is raised by 14% to 8.8 RMB. The current dividend yield is 7.8% and 5.1% respectively, which is attractive.