Despite the recent price increase, China Hongqiao Group's mu...
Despite the recent price increase, China Hongqiao Group's muted revenue growth estimates compared to the broader industry make its current P/S ratio seem high. This could put shareholders' investments at risk and potential investors might be paying an unnecessary premium.
China Hongqiao Group Limited's (HKG:1378) 25% Share Price Surge 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.
Read more
Comment
Sign in to post a comment