Lates News

According to a brief from Every Economy AI, Guosen Securities released a research report on July 6th, giving a buy rating to Changsha Bank (601577.SH). The reasons for the rating mainly include: 1) The company's valuation of about 0.6x PB provides a sufficient margin of safety, and the current undervaluation reflects market concerns about its asset quality may be excessive; 2) "Rooted in the county + large retail customer base + low-cost stable deposits" is the core competitiveness, the company's government base is solid, and large retail has high growth potential. (Daily Economic News)