Lates News

According to the AI Fast Information, Minsheng Securities released a research report on April 29, giving Poly Developments (600048.SH) a recommended rating. The reasons for the rating mainly include: 1) The decrease in carried-over scale resulted in a year-on-year negative growth in revenue, and impairment provisions put pressure on profits; 2) Sales amount ranks first in the industry, with the effects of destocking measures showing; 3) Debt structure continues to improve, with reasonable and sufficient cash flow levels; 4) The structure of land reserves is continuously adjusted, and the layout in core cities is accelerating. (Daily Economic News)