According to the financial news app, Citigroup released a research report stating that due to improvements in free cash flow, they have reiterated a "buy" rating on Eb Environment (00257) and raised the target price by 32% to HKD 4.5. The bank stated that due to improvements in accounts receivable, subsidy receipts, and capital expenditure reduction, Eb Environment's free cash flow has turned from negative to positive in the first half of the year. Profitability is improving as recurring business increases. As an industry leader, its 2024 P/E ratio of 5.5 times, P/B ratio of 0.5 times, and yield of 5.5% suggest that its valuation is reasonable.