[ET Net News Agency, 23 September 2021] Citi raised its target price for Xinyi Solar
(00968) to HK$21 from HK$20 and maintained its "buy" rating.
The research house said it adjust its XYS's net profits by -9% for 2021E mainly for
lower sales volume, +28% for 2022E on higher ASPs and -4% for 2023E on more conservative
margins. (RC)