Lates News

According to AI Express, Guotai Junan Securities released a research report on December 22nd, giving Shanghai Airport (600009.SH) a "buy" rating. The main reasons for the rating include: 1) the company has introduced foreign capital duty-free merchants, benign competition helps to restore the value of airport duty-free; 2) the duty-free business operates on a "minimum rent + low commission" model, ensuring stable income; 3) the company has established a joint venture with duty-free merchants to share the profits of duty-free operations; 4) the company's profits are rapidly growing, and the growth potential of the duty-free business is worth looking forward to. (Daily Economic News)