Lates News

According to AI Express News, China Galaxy released a research report on August 29th, giving a recommended rating to Shanghai Pudong Development Bank (600000.SH). The main reasons for the rating include: 1) Improved performance growth and increased profitability; 2) Narrowing interest rate spread, optimizing asset-liability structure; 3) High growth in investment income, optimizing development of wealth management; 4) Continued improvement in asset quality, increased conversion rate of convertible bonds to stocks to enhance capital. (Daily Economic News)