CHYY Development Group's high P/S ratio alongside falling re...

Moomoo AI Nov 16, 2023 07:00

CHYY Development Group's high P/S ratio alongside falling revenues raises questions about its valuation. Existential risk persists for its shareholders, as a market boost inflating stock's P/S doesn't reflect the company's negative revenue trend.

CHYY Development Group Limited's (HKG:8128) Shares Climb 27% But Its Business Is Yet to Catch Up

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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