HK Stock MarketDetailed Quotes

06608 BAIRONG-W

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  • 9.700
  • -0.050-0.51%
Trading Dec 5 11:43 CST
4.77BMarket Cap15.80P/E (TTM)
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    $BAIRONG-W (06608.HK)$ Hate to post this as it will show my lack of knowledge but is this company (1) a software company that uses AI or (2) an AI company that recoups its costs via software sales?
    As they don't develop chips and are not talking about building huge new data centers the likes of which have never been seen I have to believe it is #1.
    Can someone who understands these things explain what Bairong is?
    4
    $BAIRONG-W (06608.HK)$ One never knows the future with certainty but this company is earning 7-8% ROE which is pretty impressive given how overcapitalized it is. That cash sure drives ROE down.
    Know things change pretty fast in the sector but does anyone know if they face any threats aside from normal risks faced by any company in this sector?
    Insider selling in Bairong may cast a dark cloud over market sentiments, despite the high insider ownership suggesting a shared interest with all shareholders.
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