Glonghui, December 7 | According to the Dongwu Securities Research Report, it is optimistic that Xiangcai Co., Ltd. (600095.SH) is optimistic about realizing its development potential in the direction of fintech through strategic cooperation with Yimeng, and gave Xiangcai Co., Ltd. a PB valuation of 2.38 times in 2023, covering a “increased holdings” rating for the first time. Considering that the sales department of Xiangcai Securities has a reasonable layout and impressive operating capacity, and the overall wealth management business is on the rise, it is expected that the brokerage business is expected to recede. Its fixed income business has achieved remarkable results, and its high-quality project structure is comparable to that of leading brokerage firms. In terms of asset management business, the active management transformation of Xiangcai Securities is beginning to bear fruit, and is expected to drive a steady recovery in asset management business revenue in the future.
研报掘金丨东吴证券:首予湘财股份“增持”评级,经营能力可圈可点
Research Report Nuggets: Dongwu Securities: First, Xiangcai Shares received a “increase in holdings” rating, and its operating capacity is remarkable
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.