Lates News

According to a recent AI newsflash, Dongwu Securities released a research report on October 31, giving a "buy" rating to Hongfa Stock (600885.SH) with a target price of 39.7 yuan. The reasons for the rating include: 1) leading growth in high-voltage direct current, new energy, and industry, with significant contributions from new areas and new products; 2) high-voltage direct current, new energy, and industry leading growth, with significant contributions from new areas and new products; 3) the trend of HVDC is confirmed, product release and shipment are expected; 4) good cost control ability and fast growth in operating cash flow. (Daily Economic News)