大行评级｜花旗：上调万物云目标价至30港元 维持“买入”评级

Core Viewpoint - Citigroup's report indicates that Wanwu Cloud will significantly increase its payout ratio to 83% in the first half of the year, supported by improved operating cash flow, net cash of 11 billion, and a recurring business contributing 85% of gross profit [1] Financial Performance - The company is expected to achieve a profit growth of 10% this year due to ample project reserves, active new bidding, and effective cost control [1] - The projected dividend yield is approximately 7.8% [1] Investment Rating - Citigroup maintains a "Buy" rating for Wanwu Cloud, raising the target price from 26.5 HKD to 30 HKD [1]