Citigroup: Yuewen Group may have multiple profit growth drivers.

Citigroup analysts stated in a report that Yuewen Group may have multiple drivers for profit growth. They said these drivers include the expansion of the operator's short video business on the online literature platform, as well as profit growth from its artificial intelligence animated series. They added that a low base may also contribute to growth in 2026. These analysts pointed out that in the past month, the company's stock price has fallen by about 22% as investors digest its profit warning. They stated that progress in artificial intelligence animated series could be a catalyst for driving the stock price up. Citigroup lowered its adjusted net profit forecast for 2026-2027 by 6%-7% to reflect performance in 2025. The bank lowered its target price from 38.00 Hong Kong dollars to 37.00 Hong Kong dollars, but maintained a buy rating.