Caitong Securities: Maintain a "buy" rating on Datong Securities (01405.HK) and complete the annual store expansion plan ahead of schedule.

date
25/12/2025
Wisdom Financial APP learned that Caitong Securities issued a research report stating that DASEN Stock Co., Ltd. (01405.HK) has maintained steady growth in same-store sales in first-tier cities, while accelerating the pace of opening stores in non-first-tier cities. The company's brand momentum continues to rise, and the expansion of scale is expected to drive further performance growth. It is believed that second and third-tier cities still have significant room for expansion and are expected to contribute to the company's future growth. The "Buy" rating is maintained.