Lates News

According to the AI flash news, China Merchants Securities released a research report on November 4th, giving Jinjiang Hotel (600754.SH) a "buy" rating. The rating reasons mainly include: 1) the company released its third quarter report for 2025, achieving operating revenue of 3.715 billion yuan in 2025Q3, a decrease of 4.71% year-on-year; achieving a net profit attributable to mother of 375 million yuan, a year-on-year increase of 45.45%. The company's mainland revenue in Q3 increased by 2.18% year-on-year, while overseas revenue decreased by 18.44% year-on-year. In terms of RevPAR for hotels, there was a slight decrease in 2025 Q3 compared to the same period last year. Overall, the company's revenue slightly declined due to the weakening overall market demand; 2) the hotel market demand is under pressure, with a slight decrease in revenue; 3) there is a slight decrease in RevPAR; 5) the completion rate of the annual store expansion plan is good. (Daily Economic News)