<Research>Citi Keeps DONGFANG ELEC as Industry Top Pick, Lifts TP by 20% to HKD54

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<Research>Citi Keeps DONGFANG ELEC as Industry Top Pick, Lifts TP by 20% to HKD54

According to Citi's research report, the broker has kept DONGFANG ELEC (01072.HK) as one of its top picks in the power equipment sector, citing a high potential contribution fr...

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<Research>Citi Keeps DONGFANG ELEC as Industry Top Pick, Lifts TP by 20% to HKD54

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According to Citi's research report, the broker has kept DONGFANG ELEC (01072.HK) 0.000 (0.000%) Short selling $166.52M; Ratio 23.410% as one of its top picks in the power equipment sector, citing a high potential contribution from overseas gas turbine sales, strong domestic demand for nuclear power and hydropower equipment, and the profit contribution from coal-fired power equipment sales that is lower than that of its peers.

Citi has lifted its target price for DONGFANG ELEC by 20% from HKD45 to HKD54, with a Buy rating.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-24 16:25.)

Related News Citi: GE Vernova Results Reflect Positive Global Gas Turbine Demand; Maintains Buy on Dongfang Electric (01072.HK)

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