大行评级丨花旗：首予澜起科技H股“买入”评级及目标价205港元

Core Viewpoint - Citigroup has initiated coverage of Lanqi Technology's H-shares with a "Buy" rating and a target price of HKD 205, while raising the target price for its A-shares from CNY 170 to CNY 205, maintaining the "Buy" rating [1] Group 1: Company Performance - Lanqi Technology's A-shares have increased by 35% year-to-date, benefiting from strong growth in the artificial intelligence infrastructure sector [1] Group 2: Industry Trends - The recent development of embodied intelligent AI technologies has opened up unexpected growth opportunities for storage interfaces and multi-row direct-connected memory modules [1] - The company is positioned to benefit directly from capital expenditures in artificial intelligence, with a focus on upcoming announcements related to AI capital spending [1]