The Zhitong Finance App learned that Citibank released a research report saying that it began a 30-day upward catalytic observation for Lukfook Group (00590.HK) because the company is expected to release quarterly enhanced operating data for the third quarter of FY2026 in January; it is also believed that after adjusting the VAT policy, strong sales growth will have a positive impact on gross margin in the second half of FY2026 and the first half of FY2027. Based on the above reasons, Citi raised Lukfook's net profit forecast for the 2026-2028 fiscal year by 5%, 5%, and 2% respectively; believes that its current 7.3 times forecast price-earnings ratio and 6.2% dividend ratio make its valuation still attractive; maintaining a “buy” rating, and raised the target price from HK$34.6 to HK$35.2.

The Zhitong Finance App learned that Citibank released a research report saying that it began a 30-day upward catalytic observation for Lukfook Group (00590.HK) because the company is expected to release quarterly enhanced operating data for the third quarter of FY2026 in January; it is also believed that after adjusting the VAT policy, strong sales growth will have a positive impact on gross margin in the second half of FY2026 and the first half of FY2027. Based on the above reasons, Citi raised Lukfook's net profit forecast for the 2026-2028 fiscal year by 5%, 5%, and 2% respectively; believes that its current 7.3 times forecast price-earnings ratio and 6.2% dividend ratio make its valuation still attractive; maintaining a “buy” rating, and raised the target price from HK$34.6 to HK$35.2.