Lates News

According to a breaking news on every AI, Guojin Securities issued a research report on August 22, giving a buy rating to Sany Heavy Industry (600031.SH). The rating reasons mainly include: 1) revenue expansion, operating leverage release, and impressive profit performance; 2) impressive performance in Asia, Australia, and Africa, and it is expected that European and American income will accelerate in the second half of the year; 3) the leading position in excavators is expected to continue to benefit from the long-term upward trend in domestic sales; 4) good cash flow, and accelerated turnover of inventory and accounts receivable. (Daily Economic News)