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<Research>Citi Adds MONTAGE TECH/ ASMPT to H-Share Top Buy, Removes CONANT OPTICAL/ LENS
Citi lowered its year-end target for the HSI to 29,600 in mid-to-late this month, with an early next year target of 30,500. The broker added two semiconductor stocks, MONTAGE TECH ...
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<Research>Citi Adds MONTAGE TECH/ ASMPT to H-Share Top Buy, Removes CONANT OPTICAL/ LENS
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Citi lowered its year-end target for the HSI to 29,600 in mid-to-late this month, with an early next year target of 30,500. The broker added two semiconductor stocks, MONTAGE TECH (06809.HK)  -58.800 (-12.816%)    Short selling $1.16B; Ratio 32.466%   and ASMPT (00522.HK)  -5.700 (-2.854%)    Short selling $42.12M; Ratio 5.899%   , to its H-share Top Buy list, while removing two hardware names, CONANT OPTICAL (02276.HK)  -2.260 (-5.076%)    Short selling $26.94M; Ratio 21.736%   and LENS (06613.HK)  -0.040 (-0.166%)    Short selling $84.84M; Ratio 10.450%   , as semiconductors are its most preferred sub-sector within the tech sector.

Meanwhile, the broker added MMG (01208.HK)  -0.150 (-1.674%)    Short selling $79.88M; Ratio 17.921%   and removed ZIJIN MINING (02899.HK)  -0.100 (-0.304%)    Short selling $213.23M; Ratio 10.947%   , expecting that the former still has greater share price upside after the latter has significantly outperformed. It also added brokerage CICC (03908.HK)  -0.010 (-0.051%)    Short selling $55.05M; Ratio 14.377%   to replace travel-related stock Atour Lifestyle Holdings Limited (ATAT.US)      , anticipating that CICC will benefit from Hong Kong's strong IPO pipeline.

Related NewsDaiwa: Huaweis New Semiconductor Theory Brings Positive Surprise, Signaling Breakthroughs in Design and Manufacturing
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(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-29 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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