[ET Net News Agency, 5 March 2024] Citi lowered the target price for Yixin (02858) to
HKD1.3 from HKD1.9 and maintained the "buy" rating.
The research house said Yixin's future focus will be on Fintech, NEV and overseas
markets. The intensified competition in used-auto could impact the pricing and profit, and
Yixin would have to balance between profit and risk. (RC)