Citi: Initiates coverage on Leading Intelligent Manufacturing (01688.HK) with a "Buy" rating and a target price of HKD 8.

According to Zhitong Finance APP, Citibank has released a research report stating that Lingyi Zhi Smart Manufacturing (01688.HK) is a leading supplier of high-precision functional components and manufacturing platform solutions. Its comprehensive product offerings and global ODM services help serve a wide range of globally leading clients and benefit from the growing demand for electronic devices. The stock is initiated with a "Buy" rating and a target price of HKD 8.