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Jiangsu Eastern ShenghongLtd (SZSE:000301) Investors Are Sitting on a Loss of 76% If They Invested Three Years Ago
Returns On Capital Signal Tricky Times Ahead For Jiangsu Eastern ShenghongLtd (SZSE:000301)
CICC: Bullish on the moderate recovery of ethylene glycol in the second half of the year.
The Zhitong Finance App learned that CICC released a research report saying that looking ahead to the second half of the year, the new production capacity of ethylene glycol is limited; on the demand side, the polyester industry plans to increase production capacity by more than 8 million tons in 2024, and demand for filament in the second half of the year is stronger than in the first half of the year, and there is support on the demand side. Considering the relatively low level of ethylene glycol stocks, it is expected that glycol 2H24 may continue to recover moderately. It is recommended to focus on leading ethylene glycol companies such as Rongsheng Petrochemical (002493.SZ) and Dongfang Shenghong (000301.SZ). CICC's main views are as follows: In 2020-23, the industry is in a period of rapid expansion, and the operating rate of the industry has decreased from 20 to 20
Jiangsu Eastern ShenghongLtd (SZSE:000301) Has A Somewhat Strained Balance Sheet
Jiangsu Eastern Shenghong: 2024 Interim Performance Forecast
Express News | Jiangsu Eastern Shenghong Says It Sees H1 Net Profit Down 79.8-82.7% Y/Y
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