Despite poor earnings, investors anticipate a recovery, keep...
Despite poor earnings, investors anticipate a recovery, keeping the P/E from collapsing. Strong future growth contributes to high P/E, with investors willing to pay more. High P/E reflects investor sentiment and future expectations.
Investors Appear Satisfied With Guangdong Modern High-tech Fiber Co., Ltd's (SZSE:300876) Prospects As Shares Rocket 30%
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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