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28353 CICRAIL@EC2505A (CALL)
RT Nominal up0.231 +0.011 (+5.000%)

04/09/2024 15:32

{I-bank focus}Citi lowers China Railway (00390) to HKD5.3

[ET Net News Agency, 4 September 2024] Citi lowered the target price for China Railway
(00390) to HKD5.3 from HKD7 and maintained the "buy" rating.
The research house said it forecasts 2H24 rev / attributable net profit will slide 3% /
3% respectively with a lower degree of decline due to a lower base in 3Q23. (rc)

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