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[Brokerage Focus] Sinolink maintains a "Buy" rating on Giant Biologics (02367), indicating expected developments in its medical aesthetics next year.
Jinwu Finance | Sinolink research pointed out that Giant Bio (02367) recently announced on its official website that its bone repair materials have been approved as class III medical instruments, meeting the expectations outlined in the previous prospectus for obtaining certification in Q4 2024. 1) Indications: Filling and repairing defects in the maxillofacial bone and alveolar bone; 2) Advantages: Can quickly take shape without collapsing to provide support, and also has an efficient repair function that guides bone regeneration; 3) Components: Inorganic component is hydroxyapatite granules, organic component is macromolecular polysaccharides. The firm stated that the cosmetics line continues to improve the multi-product matrix, with expectations for the medical beauty sector to take shape next year. Considering the bright online performance during Singles' Day Sales, the company's profit forecast has been raised, and it is expected.
Hong Kong stocks Concept tracking | The recovery of beauty Consumer purchasing cycles returns to normal in 2024, with a rise of new domestic beauty and personal care brands (including Concept stocks).
The output value of the Cosmetic industry in Guangzhou has exceeded 100 billion yuan.
GF SEC: Maintain the "Buy" rating for Juzi Biotechnology (02367) with a fair value of 55.72 HKD.
GF SEC expects that Juxi Bio's net income for the years 2024-2026 will be 2.12, 2.658, and 3.174 billion yuan.
One Giant Biogene Holding Insider Has Reduced Their Stake
Pharmaceutical stocks receive new funding attention, with Giant Biotechnology soaring over 8%.
① What is the reason for Yiming Angke's rise? ② How do institutions view this round of national medical insurance negotiations?
【Brokerage Focus】Bank of America: The rise and reshuffling of local cosmetic brands in China, with the stability of international brand prices being key.
Jingu Financial News | Bank of America Securities recently held a meeting, inviting leading online cosmetic distributors to share insights. The november 11 shopping festival-related in 2024 started about 10 days earlier than 2023, divided into three waves of promotions, with the first wave in October being the most effective, but the marginal utility of the subsequent two waves gradually weakened. According to Syntun's data, the retail sales of cosmetics during the november 11 shopping festival-related reached 96 billion yuan, a year-on-year growth of 22.5% (2023 had a low base, -4.0%). Proya Cosmetics (603605) performed well and became the top Tmall beauty brand.