According to the Zhitong Finance APP, Citigroup released a research report stating that it maintains a "neutral" rating for China Communications Construction (01800) and expects a three-year compound annual growth rate of earnings per share to slow to 6% in the fiscal year 2026. The target price has been raised from HKD 3.8 to HKD 5.2.

The report pointed out that based on the strong guidance of China Comm Cons, the momentum of orders in the 2024 fiscal year increased by 13% to 14% compared with the previous year, and the first quarter performance this year exceeded expectations. The bank raised its profit forecast for the fiscal years 2024 to 2025 by 17% to 21%. Considering the sluggish mainland real estate market that led to the deterioration of local government assets and liabilities, the bank expects that China Comm Cons' credit risk of accounts receivable in the future will increase. High debt ratios of China Comm Cons may hinder the space for the company to increase dividend payout ratios.