China Hongbao Holdings' sustainability is questionable due t...

Moomoo AI Dec 17, 2023 22:30

China Hongbao Holdings' sustainability is questionable due to its high P/S ratio and contracting revenue. Optimistic investors could face risks if the declining revenue trend continues, potentially dragging the share price and P/S ratio down.

China Hongbao Holdings Limited's (HKG:8316) 51% Share Price Plunge Could Signal Some Risk

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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