Despite reduced earnings, the company's P/S ratio remains hi...
Despite reduced earnings, the company's P/S ratio remains high, likely due to anticipated future performance. Though investors are currently optimistic, continued decrease in revenue might impact share prices significantly.
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.