Lates News

Kenny Ng, International Securities Strategist at CICC, said that the current valuation of Meixue Bingcheng and Laopu Gold is relatively high; Meixue fundamentally belongs to the consumer sector, and valuation needs to be treated more cautiously. This type of new consumer stock can be treated differently, if there is strong profit growth in the fundamentals, valuation can still be supported to go up. Baobaomat has had rapid profit growth in the past, and some new products have also been market-recognized recently, the future profit performance is expected to continue to support valuation.