The analyst rating for ZOOMLION (01157.HK) was reiterated as a Buy by Citi Research due to the positive implications of China's 'No. 1 Document,' which aims to modernize the agricultural industry and promote rural revitalization. The document emphasizes the use of innovative technologies like AI, drones, and robots to enhance agricultural productivity, which is expected to benefit ZOOMLION, particularly as an estimated 8% of the company's revenue in 2026 will come from the agricultural machinery business. The document is viewed as an additional catalyst for the company's growth, leading to a target price of $10.2.
