Lates News

According to AI News, Dongwu Securities released a research report on August 21, giving Yonghui Superstores (601933.SH) a rating of "buy". The reasons for the rating include: 1) cost and profit margins are under short-term pressure during the adjustment process; 2) accelerated store closures leading to a decline in revenue, but beneficial for long-term loss reduction; 3) rapid progress in adjustments, with 162 adjusted stores opened so far; 4) improvement in supply chain and own-brand capabilities. (Daily Economic News)