[ET Net News Agency, 7 June 2023] Citi lowered its target price for Yongda Auto (03669)
to HK$5.32 from HK$7.4 and maintained its "buy" rating.
The research house said it expects 1H23 NP range between RMB 440-530m depending on
margin recovery on Porsche in June, BMW sale-mix and 2Q GPM after special rebate. (RC)