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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)  -27.200 (-6.800%)    Short selling $93.87M; Ratio 7.582%   and ASMPT (00522.HK)  -9.400 (-4.845%)    Short selling $18.85M; Ratio 2.960%   , to its H-share Top Buy list, while removing two hardware names, CONANT OPTICAL (02276.HK)  +1.520 (+3.597%)    Short selling $8.43M; Ratio 17.945%   and LENS (06613.HK)  +2.840 (+11.794%)    Short selling $26.09M; Ratio 2.602%   , as semiconductors are its most preferred sub-sector within the tech sector.

Meanwhile, the broker added MMG (01208.HK)  +0.320 (+3.632%)    Short selling $49.62M; Ratio 17.355%   and removed ZIJIN MINING (02899.HK)  +0.020 (+0.061%)    Short selling $133.91M; Ratio 14.303%   , expecting that the former still has greater share price upside after the latter has significantly outperformed. It also added brokerage CICC (03908.HK)  +0.120 (+0.612%)    Short selling $5.22M; Ratio 4.437%   to replace travel-related stock Atour Lifestyle Holdings Limited (ATAT.US)      , anticipating that CICC will benefit from Hong Kong's strong IPO pipeline.

Related News Citi: AI Demand Drives Semiconductor Recovery in Data Centers, Networks and Autos, Offsetting Cyclical Weakness
Please refer to the separate table for the full list.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-01 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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