Lates News

According to Every economic news, Dong Wu Securities released a research report on July 14, giving a buy rating to Hongtuang Optical (600487.SH) with a target price of 21.92 yuan. The reasons for the rating mainly include: 1) Leading in optical communication, growth driven by marine communication and energy business; 2) The company has established a long-term incentive mechanism; 3) Sea breeze: The deep-sea wind has great development potential, and the European sea breeze opens up space; 4) Submarine cables: The trend of deep-sea development drives the value and volume of submarine cables, and high barriers create a stable competitive landscape; 5) Optical communication: Domestic demand is stable, overseas markets bring incremental demand; 6) Smart grid: The demand for electricity is steadily increasing, and the proportion of smart grids is increasing; 7) Company's competitive advantage: Leading position in submarine cables, horizontally expanding marine industry business. (Daily Economic News)