CITIC Securities released a research report stating that HYGEIA HEALTH's (06078) performance in H1 2025 faced phased pressure, while high-quality development initiatives are beginning to show results. The company's technology services proportion continues to increase, and talent team building continues to advance. In H1 2025, the company's new construction projects progressed in an orderly manner, and it continues to develop innovative medical services. Based on comparable company valuation levels, the firm assigns a 2025 PE ratio of 20x, corresponding to a 2025 target price of HK$20, maintaining a "Buy" rating.