Despite a 37% decline in the stock over the last three years, China Tobacco International (HK)'s consistent high rates of return and reinvestment suggest a potential multi-bagger, making it an attractive investment opportunity.
Despite the high P/E ratio, investors are willing to pay more for the stock as they expect strong future growth. The high P/E ratio is seemingly justified by the company's superior earnings outlook.
Hong Kong stocks continued to maintain a strong consolidation on Monday, with an intraday gain of 1%, and then the gains have narrowed $CTIHK (06055.HK)$Today, the tobacco sector has seen a long-lost sharp rise. China Tobacco Hong Kong once rose close to 11%. As of the close, the company closed at 17.2 Hong Kong dollars, which was an increase of 10.54%. On the news side, China Tobacco Hong Kong recently announced that it intends to acquire all issued and issued quotas of China Tabaco Internacional do Brasil Ltda for US$63.4 million.
Dividend stocks are stocks of companies in the HK stock market that regularly distribute dividends to shareholders, generally representing stable businesses. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in HK dividend stocks, ranked from highest to lowest based on real-time market data. Dividend stocks are stocks of companies in the HK stock market that regularly distribute dividends to shareholders, generally representing stable businesses. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in HK dividend stocks, ranked from highest to lowest based on real-time market data.
CTIHK Stock Forum
$CTIHK (06055.HK)$ Today, the tobacco sector has seen a long-lost sharp rise. China Tobacco Hong Kong once rose close to 11%. As of the close, the company closed at 17.2 Hong Kong dollars, which was an increase of 10.54%. On the news side, China Tobacco Hong Kong recently announced that it intends to acquire all issued and issued quotas of China Tabaco Internacional do Brasil Ltda for US$63.4 million.
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