Despite Sinocare's poor earnings outlook, shareholders maintain optimism, judging by its high P/E ratio. However, the over-inflated P/E may lead to investor disappointment if it comes in line with growth predictions. Current conditions may not support this positivity for long.
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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