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Citi Adds MINTH GROUP to 90D Potential Upward Catalyst Watchlist w/ Rating Reiterated as Buy
2026-02-09 15:10:54
MINTH GROUP (00425.HK) announced that it had reached a framework agreement with LEADER HARMONIOUS (688017.SH), according to Citi's research report.

Under the agreement, the two parties plan to establish a joint venture engaged in the assembly of humanoid robot joint modules in the US. This joint venture will be held 60% and 40% by Minth California, MINTH GROUP's wholly-owned subsidiary, and LEADER HARMONIOUS, respectively.

Citi has reiterated a Buy rating on MINTH GROUP, with a target price of HKD46. MINTH GROUP has also been included in Citi's 90-day potential upward catalyst watchlist.
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