Every AI newsletter,Bank of China Securities issued a research report on August 29, saying that it maintains the buy rating of SAIC Motor (600104.SH). The main reasons for the rating include: 1) H1 retail has outperformed wholesale, and net profit has rebounded sharply; 2) Domestic inventories have been drastically reduced, and overseas prospects are promising; 3) The forward-looking layout of new energy and intelligent network connections is good for long-term development. Risk warning: 1) The sales volume is less than expected; 2) the shortage of raw materials and the price increase; 3) the product price is drastically reduced.
AI comment: SAIC Group has received the attention of 8 brokerage research reports in the past month. It bought 5 companies and increased its holdings by 1 with an average target price of 28.79 yuan.
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(Reporter Cai Ding)
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