HSI1 25,630.54 -224.06 118.97B
HSCEI1 8,913.68 -77.34 46.35B
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Citi: CIMC ENRIC Developing Commercial Aviation Biz Rapidly
2025-12-31 11:32:33
Citi has published a research report attributing CIMC ENRIC (03899.HK)'s outperformance over the HSI in the past month to the rapid development of its commercial aviation business.

Although the revenue from this business is limited, it could become a fast-growing segment for CIMC ENRIC due to the recent release of the 2025-27 action plan for the high-quality and safe development of commercial aerospace by the China National Space Administration.

Citi gave CIMC ENRIC a Buy rating and a target price of HKD9.5.
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