Investors attribute the low P/E ratio of State Grid YingdaLt...
Investors attribute the low P/E ratio of State Grid YingdaLtd to its recent sluggish growth, inconsistent with market forecast. The less-than-expected growth trailing the market leads to loss of investor faith, reluctance to increase P/E ratio, and limited potential for share price increases.
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
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.