＜Research＞Citi Drops ZA ONLINE (06060.HK) TP to $16.8; Lower Returns from Investments

　　Citi Research, in its report, axed its EPS estimates for ZA ONLINE (06060.HK) +0.040 (+0.299%) Short selling $2.64M; Ratio 11.066% for 2024 and 2025 by 25% and 28% to RMB0.72 and RMB0.85, respectively, mainly reflecting lower investment return estimates and the slower-than-expected breakeven of the technology business.

　　The broker cut the target price of the company from $26 to $16.8, and continued to give it a Neutral rating.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-02 16:25.)

　　AAStocks Financial News