bearish

Beijing Tongrentang (600085.CH)- Neither Brand Nor Angong Niuhuang Pills Can Secure Future Prospects

266 Views05 Sep 2022 08:47
Angong Niuhuang Pill is the major performance driver. Due to economic downturn, its price hike will lead to inventory overstocking. Without high moat, we are conservative about Tongrentang’s outlook.
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