CITIC's low P/E ratio is due to its weaker forecast growth c...
CITIC's low P/E ratio is due to its weaker forecast growth compared to the market. Investors are paying less for the stock, expecting limited future growth. This could continue to suppress the share price unless conditions improve.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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AaronW : The focus is on the restructuring of central state-owned enterprises, and the central idea is not to allow foreign investment to buy cheap assets.