Despite CGN Power's lower earnings forecast and slower growt...
Despite CGN Power's lower earnings forecast and slower growth, its P/E ratio matches the market's, indicating less bearish investor sentiment than analysts suggest. However, sustaining these prices may be tough as this earnings growth rate could eventually depress the shares. Unless conditions improve, these prices may seem unreasonable.
Some Confidence Is Lacking In CGN Power Co., Ltd.'s (HKG:1816) P/E
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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