Lates News

According to a brief update from AI, Guojin Securities issued a research report on September 22 recommending a buy rating for Henglin Shares (603661.SH). The reasons for the rating mainly include: 1) the comprehensive home furnishing sector has performed well, with the continued growth of cross-border e-commerce driving the OBM business; 2) the decline in shipping costs will help repair the profit margin of cross-border e-commerce, and the trend of cost optimization is improving; 3) cross-border e-commerce is an important engine for revenue growth, and profit improvement is expected to continue. (Daily Economic News)