News / Stock

China: Alphie Suggests Going Long on Weifang Yaxing Chemical.

Jun 29, 2020 - 12:44 GMT+0000

The Robot believes the stock will grow after a period of price depreciation. Weifang Yaxing Chemical (600319.SS), listed at the Shanghai stock exchange in Chinese Yuan, is a company that is principally engaged in the processing, manufacture and distribution of chemical materials and products. The majority of the company’s products are distributed in the domestic market in China and to a lesser extent in overseas markets. According to an internal report, the company’s revenue in 2019 totaled 1.65 billion Yuan. The company’s stock price has been gradually dropping in the past two weeks and can now be found at 4.18…

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