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22431 CT-WPC @EC2605A (CALL)
RT Nominal up0.265 +0.015 (+6.000%)

26/01/2026 14:40

{I-bank focus}Citi raises Weichai Power (02338) to HKD34

[ET Net News Agency, 26 January 2026] Citi raised the target price for Weichai Power
(02338) to HKD34 from HKD21.3 and upgraded the rating to "buy" from "neutral".
The research house said it lifts 25E/26E payout ratio to 57%/59% and raises 25/26/27 NP
forecast by 1-4% to Rmb12.8/15.0/18.5bn with a 20% CAGR. (rc)

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