Guohao Group (0053.HK) had an annual net profit of HK$6.296 billion as of the end of June this year, compared with a loss of HK$1,294 million in the previous year; final interest of HK$1.5 billion.

Citi believes that the listed assets held by Guohao have appreciated. In terms of market value, its net asset value can reach HK$149.6 per share, which means that the current price discount is 39%, which is the biggest discount margin and valuation attraction among the conglomerate currently studied by the bank; it reiterated that Guohao bought it and that the target price was slightly raised to HK$104.5.