Lates News

According to AI Express News, Huatai Securities released a research report on November 4th giving a "buy" rating to Xin Fengming (603225.SH). The main reasons for the rating include: 1) The narrowing of PTA price spreads dragged down the company's performance, but the sales of filament yarn are expected to improve as the peak season approaches; 2) The competition in the polyester filament industry is becoming more rational in the medium to long term, and the company's production capacity is steadily increasing. (Daily Economic News)