Investors' expectations of strong revenue growth may have le...
Investors' expectations of strong revenue growth may have led to a high P/S ratio. However, with the company's recent poor growth and the industry's forecasted 7.5% expansion, these prices may not be sustainable. The share price may decline unless medium-term conditions improve markedly.
Subdued Growth No Barrier To China New City Group Limited (HKG:1321) With Shares Advancing 26%
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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