The analyst rating for WASION HOLDINGS was raised to a Buy by Citi due to the company's strong growth projections for its AI data center (AIDC) revenue, which is expected to double from RMB1 billion in 2025 to RMB2 billion in 2026 and reach RMB4 billion in 2027. Additionally, the anticipated growth in new AIDC orders, with a 50% increase locally and a 92.3% increase overseas, further supports the positive outlook. Citi also raised its target price for the stock from HKD15.5 to HKD21, indicating confidence in the company's future performance and potential inclusion in Stock Connect by March 2026.
