The Zhitong Finance App learned that CICC released a research report stating that it covered Sinochemical Fertilizer (00297.HK) for the first time, giving it a “outperforming industry” rating, with a target price of HK$1.6. Sinochem Fertilizer is a leading distributor and service provider of agricultural inputs in China. It is one of the main channels for potash fertilizer imports. It promotes the “bio+” strategic transformation, continues to expand phosphate ore production capacity, and focuses on dividends to increase shareholder returns.

The Zhitong Finance App learned that CICC released a research report stating that it covered Sinochemical Fertilizer (00297.HK) for the first time, giving it a “outperforming industry” rating, with a target price of HK$1.6. Sinochem Fertilizer is a leading distributor and service provider of agricultural inputs in China. It is one of the main channels for potash fertilizer imports. It promotes the “bio+” strategic transformation, continues to expand phosphate ore production capacity, and focuses on dividends to increase shareholder returns.