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HUIZ - Huize Grows Top Line But With Higher Costs
November, 24 2021 02:57 PM
Huize Holding Ltd - ADR
China-based Huize Holding went public in the U.S. in May 2020, raising $55 million. The firm provides an online marketplace for Chinese consumers to purchase various insurance and savings products. While HUIZ has grown revenue, operating costs have also risen and the firm faces ongoing regulatory risks domestically and in the U.S. At around $1.68 per share, my outlook on the stock is Neutral until these risks are materially reduced. For further details see:
Huize Grows Top Line But With Higher Costs
Stock Information
Company Name:
Huize Holding Ltd - ADR
Stock Symbol:
HUIZ
Market:
NASDAQ
Website:
huize.com
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