Citi lowered the target price of SHENZHEN INT'L from HKD8 to HKD5.5 due to a decline in the market value of its stake in SHENZHENEXPRESS, the peak period of gains from its South China land bank having passed, and an increase in the holding company discount to 51%. Despite this, the broker maintains a Neutral rating, believing that the company's core toll road and logistics businesses will continue to provide stable income.
