The stock seems overpriced per the price multiple model. With a high beta, the price could drop, offering a future buying opportunity. The current price appears to reflect the company's hopeful future growth, trading above industry multiples. Now might not be the ideal time to invest as the price has exceeded its industry peers.
Despite higher sales from reinvesting for growth, analysts are concerned as these trends haven't led to proportionate returns yet. A deeper analysis of the stock seems beneficial, irrespective of the optimistic trends.
AAC Technologies Holdings is seen pricey due to its high share price exceeding industry peers. This might not make it the top investment opportunity now, notwithstanding its promising prospects. A further analysis may present a chance to leverage the next price fall.
HopelessChi
:
tomorrow just from ADRs will erased another 100 over points. No one is saving them. financial market reflect how people view them. CCP is losing it
Hang Seng Indexes Company Limited announced at 18th that the results of its review of the Hang Seng Family of Indexes for the quarter ended 30 June 2023. All changes will take effect on 4 September 2023 (Monday). $EAST BUY(01797.HK)$will be added to$Hang Seng TECH Index(800700.HK)$, while$AAC TECH(02018.HK)$will be deleted. The total number of constituents remains unchanged at 30.
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HopelessChi
:
hopeless already but nothing is saving china economy. it is looking they will like to see it crashing. unfortunately the new high of 4600 was stamped and we back to sub 4000. china is indeed a disaster and disappointed market to be invest. finally decided to cut 50% losses and rotate to US. hope Biden don't disappoint. for that, since 2021 no hope in china. holder since 2017 and losses 70% portfolio and cut 50% today.
AAC AUG4 Forum
$BABA-SW(09988.HK)$ dipped 0.4% at $74.5.
$TENCENT(00700.HK)$ opened flat at $373.8.
$XIAOMI-W(01810.HK)$ and $BIDU-SW(09888.HK)$ sank 0.6%.
$JD-SW(09618.HK)$ and $NTES-S(09999.HK)$ faded 1.1%.
$Apple(AAPL.US)$ concept stocks $AAC TECH(02018.HK)$ and ...
$AAC TECH(02018.HK)$
alphaedgeinvest...
$AAC TECH(02018.HK)$ $ANTA SPORTS(02020.HK)$ $CHINA MOBILE(00941.HK)$ $SINOPEC CORP(00386.HK)$ $BEKE-W(02423.HK)$ $LI AUTO-W(02015.HK)$ $Li Auto(LI.US)$ $SAMSONITE(01910.HK)$ $TENCENT(00700.HK)$ $TRIP.COM-S(09961.HK)$ $Trip.com(TCOM.US)$ $XIAOMI-W(01810.HK)$
Techs sagged along with the external market. As $Apple(AAPL.US)$ came under pressure, $SUNNY OPTICAL(02382.HK)$ plummeted 7% and 4.3%, and $AAC TECH(02018.HK)$ slumped 3.5%. Chip equ...
$EAST BUY(01797.HK)$ will be added to $Hang Seng TECH Index(800700.HK)$ , while $AAC TECH(02018.HK)$ will be deleted. The total number of constituents remains unchanged at 30.
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