0159 GMT - Wasion's profits will likely be boosted by strong artificial intelligence and data center-related orders, say Citi analysts in a note. The Chinese energy solutions provider expects its revenue from its AI and data center segment to double to 2 billion yuan in 2026, then to 4 billion yuan in 2027. The analysts believe Wasion's shares are attractive given factors such as their expected 4.0% yield and high profit growth in China's power-grid equipment sector. Citi raises its 2025-2027 net profit projects by 1%-5% citing strong orders and the company's bright outlook. Citi lifts its target price to HK$21.00 from HK$15.50 and maintains a buy rating. Shares are down 0.2% at HK$16.55.(megan.cheah@wsj.com)
(END) Dow Jones Newswires
December 14, 2025 20:59 ET (01:59 GMT)
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