Despite Shanghai Haixin Group's recent poor growth, it trade...
Despite Shanghai Haixin Group's recent poor growth, it trades at a higher P/E than the market. Investors hope for a business turnaround, but unless medium-term conditions improve, the high P/E ratio may decrease, potentially leading to a share price decline.
Shanghai Haixin Group Co., Ltd.'s (SHSE:600851) Share Price Not Quite Adding Up
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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