CNNC International's high P/E ratio is concerning despite st...

Moomoo AI Feb 8, 2024 06:27

CNNC International's high P/E ratio is concerning despite strong earnings growth. Investors' hope for a business turnaround may risk shareholders' investments and potential investors may pay an excessive premium.

CNNC International Limited's (HKG:2302) 33% Share Price Surge Not Quite Adding 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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