In today’s briefing:
- New Horizon Health (6606.HK) – Far from Complete Reversal
New Horizon Health (6606.HK) – Far from Complete Reversal
- New Horizon Health (6606 HK) has made some improvements based on 2021 preliminary financial data. The newly launched UU Tube also enriches the product line.
- However, the industry is still at the early stage. In front of fierce competition, ColoClear’s bottleneck is obvious. The cheaper products (Pupu Tube, UU Tube) could have more market acceptance.
- Based on our analysis, our view is that the Company may rebound temporarily, but it is too early for a complete reversal.
Before it’s here, it’s on Smartkarma
