Investors prefer CRRC Corporation (01766).
According to the information obtained from the WiseFinance app, Citigroup has released a research report stating that due to strong growth in high-speed MU tendering and maintenance income, they have given a 'buy' rating to CRRC Corporation (01766) and Times Electric (03898). However, investors are still concerned about the oversupply of insulated gate bipolar transistors (IGBT) and the continuous price reduction of IGBT products, but this will not affect the profit-making ability of Times Electric's semiconductor business. Therefore, investors prefer CRRC Corporation. The target price of Times Electric has been slightly reduced by approximately 3% to HKD 42.