The Zhitong Finance App learned that Citi released a research report saying that Brilliance China (01114.HK) expects net profit to drop by up to 56% year-on-year in the first half of the year, which is in line with the forecast. The bank maintained the company's “buy (high risk)” rating, with a target price of HK$2.7. The bank expects Brilliance China to pay HK$0.8 per share in the third quarter, involving an amount of RMB 3.5 billion, which is equivalent to about 50% of its cash reserves.

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