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Maoyan Entertainment's high P/E ratio is justified by its fo...
Maoyan Entertainment's high P/E ratio is justified by its forecasted growth, surpassing the wider market. Investors see little risk of earnings deterioration to warrant a lower P/E ratio, hence a significant share price drop is unlikely soon.
Investors Appear Satisfied With Maoyan Entertainment's (HKG:1896) Prospects
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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