Lates News

According to an AI flash news from Every Economy, Open Source Securities released a research report on November 4, giving Shanghai Automotive Group (600104.SH) a "buy" rating. The rating reasons mainly include: 1) Q3 revenue increased year-on-year, but net profit attributable to shareholders decreased sequentially; 2) Q3 independent brands performed well overall, but performance was affected by asset impairment losses provision; 3) the formation of the large passenger vehicle segment improved quality and efficiency, independent new energy vehicles and overseas markets continued to grow, and Shangjie embarked on a new chapter. (Daily Economic News)