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<Research>Citi Trims BLOKS TP to HKD88, Rating Buy
Citi has published a research report anticipating that BLOKS (00325.HK)'s initiatives in new categories, IP diversification, adult-oriented products, and overseas expansion wil...
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<Research>Citi Trims BLOKS TP to HKD88, Rating Buy
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Citi has published a research report anticipating that BLOKS (00325.HK)  -0.350 (-0.538%)    Short selling $766.85K; Ratio 12.145%   's initiatives in new categories, IP diversification, adult-oriented products, and overseas expansion will pave the way for sustainable growth in 2026 and beyond.

The BLOKS management has guided for a revenue target with a YoY growth of around 30% over the next few years. In 2026, the company plans to launch more IPs and product lines globally, accelerate the development of new assembly vehicle categories, and enhance the efficiency of adult-oriented businesses.

In Citi's estimate, BLOKS's revenue will grow steadily by over 20% YoY in the Chinese market and by over 100% YoY in the overseas market. Citi has kept a Buy rating on the company but trimmed the target price from HKD103 to HKD88.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)

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