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<Research>Citi Raises WASION HOLDINGS TP to HKD21 on Strong AIDC New Orders
Recommend 5 Positive 5 Negative 2 |
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According to Citi's research report, WASION HOLDINGS (03393.HK)'s latest guidance shows that the company's AI data center (AIDC) revenue will double from RMB1 billion, an expected amount for 2025, to RMB2 billion in 2026 and RMB4 billion in 2027. WASION HOLDINGS also anticipates that new AIDC orders locally and overseas will grow by 50% and 92.3% YoY to RMB1.5 billion and RMB2.5 billion, respectively. Citi has raised its target price for WASION HOLDINGS from HKD15.5 to HKD21, along with a Buy rating. WASION HOLDINGS is highly likely to enter Stock Connect in March 2026. AAStocks Financial News |
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