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<Research>SHENZHOU INTL Slips 4%+; Citi Tweaks Down TP to HKD94 w/ Rating Buy
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SHENZHOU INTL (02313.HK) opened lower today by 1.87% and once sank to a bottom of HKD62.55. It last traded at HKD63.75, down 4.49%, with a volume of 6.9815 million shares, involving HKD442 million.

Citi lowered its 2025-27 earnings forecasts for SHENZHOU INTL by 2% and its target price from HKD95 to HKD94, but it kept the Buy rating unchanged.

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From Citi's perspective, the decline in SHENZHOU INTL's stock price may reflect management's conservative outlook on sales, which instead provides a buying opportunity, given that the company's expected dividend yield for FY26 is 4.8%, and the expected CAGR of its EPS over the next three years is 12%.
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