West Cattle Securities: Maintains a "buy" rating for Red Child City Technology (09911.HK) with a target price of 13.2 Hong Kong dollars.

Wisdom Finance and Economics APP learned that Xiniu Securities released a research report stating that they maintain a "buy" rating on Chizi City Technology (09911.HK) with a target price of HKD 13.20 per share, reflecting confidence in the company's fundamental business resilience and future recovery. Despite continued strong financial and operational performance, the group's stock price has recently experienced a significant adjustment due to legal disputes, causing market concerns about corporate governance and dilution of equity. The bank believes that these challenges are short-term in nature, and the operational fundamentals and full-year revenue targets are unaffected. The group reaffirmed its total revenue target for the 2025 fiscal year at RMB 6.8 billion to RMB 7 billion.