{"id":15884,"date":"2025-07-25T09:35:00","date_gmt":"2025-07-25T02:35:00","guid":{"rendered":"https:\/\/champameuanglao.com\/citi-renews-coverage-of-fosun-international-with-a-buy-rating\/"},"modified":"2025-07-25T09:35:00","modified_gmt":"2025-07-25T02:35:00","slug":"citi-renews-coverage-of-fosun-international-with-a-buy-rating","status":"publish","type":"post","link":"https:\/\/champameuanglao.com\/la\/citi-renews-coverage-of-fosun-international-with-a-buy-rating\/","title":{"rendered":"Citi Renews Coverage of Fosun International with a &#8220;Buy&#8221; Rating"},"content":{"rendered":"<div>HONG KONG SAR &#8211;  <a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach Newswire<\/a> &#8211; 25 July 2025 &#8211; Citi issued its latest report on 23 July, announcing the renewing coverage on Fosun International (00656.HK) with a &#8220;Buy&#8221; rating and a target price of HKD5.86. <\/p>\n<p> Citi has made material changes to its financial estimates on Fosun International, expecting core profit for financial year 2025 to grow by 197% year on year to RMB2.2 billion (excluding the one-off non-cash loss of RMB5.1 billion from Cainiao in financial year 2024). It also expects an 81% year-on-year profit growth in financial year 2026, primarily driven by the earnings recovery at the &#8220;Happiness&#8221; segment and lowered finance costs from the Group&#8217;s proactive deleveraging efforts. <\/p>\n<p> Citi also highlights that Fosun is accelerating its &#8220;strategic advancements and exits&#8221; strategy, targeting to divest over RMB80 billion in heavy assets and non-core assets. By end of June 2025, Fosun completed the sale of all its 99.743% stake in the German private bank HAL, while retaining the asset servicing business HAFS. Citi believes that the capital recycling from asset divestments will enhance shareholders&#8217; returns and narrow the net asset value discount. <\/p>\n<p> The report points out that Fosun&#8217;s current share price trades at a 71% discount to its net asset value. Despite its stock performance outperforming the Hang Seng Index over the past 30 days (+14% vs. +7%), its valuation still has significant room for recovery. Citi is optimistic about Fosun International&#8217;s future earnings improvement and the re-rating potential brought by its deleveraging strategy, thus assigning a &#8220;Buy&#8221; rating to Fosun International. <\/p>\n<p>Hashtag: #Fosun #\u5fa9\u661f\u570b\u969b<\/p>\n<p>The issuer is solely responsible for the content of this announcement.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/track.media-outreach.com\/index.php\/WebView\/397533\/510435\" alt=\"\" width=\"1\" height=\"1\" style=\"width:1px;height:1px;\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG SAR &#8211; Media OutReach Newswire &#8211; 25 July 2025 &#8211; Citi issued its latest report on 23 July, announcing the renewing coverage on Fosun International (00656.HK) with a &#8220;Buy&#8221; rating and a target price of HKD5.86. Citi has made material changes to its financial estimates on Fosun International, expecting core profit for financial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[852],"tags":[],"class_list":["post-15884","post","type-post","status-publish","format-standard","category-media-outreach"],"_links":{"self":[{"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/posts\/15884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/comments?post=15884"}],"version-history":[{"count":0,"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/posts\/15884\/revisions"}],"wp:attachment":[{"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/media?parent=15884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/categories?post=15884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/champameuanglao.com\/la\/wp-json\/wp\/v2\/tags?post=15884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}