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Guosen: Maintain "outperform the market" rating for the textile Outfits Industry. Focus on new highlights of brands and opportunities for undervalued Hong Kong stocks.
Guosen recommends focusing on companies that have the ability to increase their market share and maintain strong medium to long-term growth.
Subdued Growth No Barrier To Reach New Holdings Limited (HKG:8471) With Shares Advancing 27%
REACH NEW HLDGS: SUPPLEMENTAL ANNOUNCEMENT IN RELATION TOTHE ANNUAL REPORT 2023
REACH NEW HLDGS: INTERIM REPORT 2024
Haitong Securities: Continuous destocking of polyester filament factories, expecting improvement in end demand.
As the inventory of rayon continues to decrease, Haitong Securities expects downstream demand to further improve with the approach of the traditional peak season in September and October.
What Reach New Holdings Limited's (HKG:8471) 62% Share Price Gain Is Not Telling You