Lates News

According to a research report released by China Galaxy on August 19th, Chongqing Brewery (600132.SH) was given a cautious recommendation rating. The reasons for the rating mainly include: 1) sales performance better than the industry, actively cultivating new businesses; 2) cost dividend driving gross margin improvement, net profit margin affected by fluctuating tax rates; 3) cost dividend expected to continue, focusing on the pace of recovery in current drinking demand. (Everyday Economic News)