The Zhitong Finance App learned that Wall Street financial giant Citigroup recently released a research report stating that it maintains a “Buy (Buy)” rating for China's Hongqiao (01378.HK) and a target price of HK$48; compared to the stock price of HK$23.18 on the reporting date, there is an implied share price increase of 107.1%, compounded by an expected dividend rate of 10.3%, and Citibank's expected total return for 12 months reached 117.4%.

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