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Every AI Express, Citic Securities released a research report on August 20th giving a buy rating to Yu Garden Co., Ltd. (600655.SH). The reasons for the rating mainly include: 1) Yu Garden is a platform-type consumer industry company with a rich business layout; 2) The gold jewelry industry benefits from the rise in gold prices, and fine gold jewelry leads the consumption trend; 3) The jewelry fashion business stands steadily at the forefront, with multiple brands and channels building competitive barriers; 4) Other consumer industries implement strategies of streamlining, embracing lightness, attacking and defending in balance. (Daily Economic News)
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