Stock Analysis: Riverstone | Lianhe Zaobao
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Riverstone recommends buying, with a target price of 0.98 yuan and a closing price of 0.81 yuan (+0.62%). It is expected that glove shipments in the third quarter will increase by approximately 10% quarter-on-quarter, driven by strong demand from the semiconductor and data storage industries. At the same time, the decline in the prices of nitrile latex and key raw materials will help improve gross margins. The U.S. government has proposed imposing a 100% tariff on imports of branded and patented drugs, but the impact on medical gloves is minimal
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