Lates News

According to a report released by Open Source Securities on November 3, Mengniu Dairy (600887.SH) has been given a "buy" rating. The reasons for the rating include: 1) Pressure on room temperature milk persists, while the leading advantage of milk powder continues to expand; 2) Sales expenses continue to be optimized, and impairment losses have narrowed; 3) Industry supply and demand are expected to improve, with a target of achieving a core net profit margin of 9% for the year. (Daily Economic News)