Despite declining revenue, the company's P/S ratio is near i...
Despite declining revenue, the company's P/S ratio is near industry median, suggesting investors may be banking on a business turnaround. However, continued negative growth could lower the P/S ratio, disappointing shareholders and risking potential investors paying a premium.
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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Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.