Lates News

According to the AI Express of Every Economy, Huaxin Securities issued a research report on May 20, giving a buy rating to Xingfa Group (600141.SH). The reasons for the rating include: 1) The demand in the agrochemical market is picking up, with a steady increase in profitability throughout the year; 2) The prices of main products continued to decline in the fourth quarter, squeezing profit margins; 3) Adjustments in production and sales strategies combined with the release of new production capacity will help significantly increase operating rates and sales volumes. (Daily Economic News)