796.56BMarket Cap21.18P/E (TTM)
277.800High266.200Low3.28MVolume266.200Open269.600Pre Close901.16MTurnover0.30%Turnover Ratio24.03P/E (Static)2.91BShares320.80052wk High4.62P/B300.63BFloat Cap164.39452wk Low3.41Dividend TTM1.10BShs Float328.334Historical High3.406Dividend LFY4.30%Amplitude-4.408Historical Low274.876Avg Price500Lot Size1.24%Div YieldTTM1.24%Div Yield LFY
bullbearnme : I dont believe in this estimate projection
DoRaeMi : Bro, their growth is indeed 3.9%, but the method of how they calculate is different from the rest of the world? Don't tell me u never noticed that?
China growth is based on the amount of "goods produce", but in actual fact not sold or exported. Thus, they are known for "over-producing" just like their EV
The world GDP Calculation is based on sold product or goods exported. That's why u can see US GDP is decreasing while China GDP is increasing even during COVID-19 period, which made no absolute sense
ZnWC OP bullbearnme : Someone may say the projected GDP is biased as it is different from China official forecast. Gao (economist at SDIC security and based in China) also projected a similar GDP figure based on his analysis data.
Due to strict censorship in China, it is difficult to find other opposing voices. I have provided a YouTube video link which explained in clarity on how Gao used analysis data to point out the official GDP is not accurate.
- YouTube
Lewis TEG : report show purchasing power parties drop to the lowest in 12 years. This matches the forecast of GDP. Well, it looks like consumer goods are going to get a hit.