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According to a research report released by Zhongyuan Securities on May 6th, Changan Automobile (000625.SZ) was given a buy rating. The reasons for the rating mainly include: 1) the company's car sales have reached a new high, with export and new energy sales growing rapidly; 2) the rapid increase in sales of new energy vehicles has steadily improved profitability; 3) rapid growth in overseas markets and acceleration of globalization; 4) firm commitment to new energy and intelligent strategies, accelerating transformation and upgrading; 5) cost and cash flow pressure, profitability in overseas markets is improving; 6) accelerating digital transformation, continuous launch of new products to consolidate advantages. (Daily Economic News)
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