Despite Hangzhou CNCR-IT's share price drop, its high P/S su...
Despite Hangzhou CNCR-IT's share price drop, its high P/S suggests investors hope for a business turnaround. However, the company's poor growth and industry forecast may lead to further share price decline unless medium-term conditions improve.
![](https://pubimg-10000538.picsh.myqcloud.com/2022050900000173800db780459.jpg)
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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