US stocks closed higher, led by technology stocks, but Hong Kong stocks opened lower this morning.$恒生指数(800000.HK)$116 points or 0.7% lower at 16,978.$国企指数(800100.HK)$opened down 31 points or 0.5% at 5,972.$恒生科技指数(800700.HK)$opened declining 14 points or 0.4% at 3,523. Financial stocks,$汇丰控股(00005.HK)$opened 1.6% lower at $63.8, while$香港交易所(00388.HK)$and$友邦保险(01299.HK)$opened 1.2% and 1.9% lower. Gold pri...
Despite a strong 5-year performance, the market's enthusiasm for the stock is waning, as seen in its low P/E ratio of 4.97. Shareholders are down 28% for the year, underperforming the broader market. However, if data indicates sustainable growth, the current sell-off could be a potential opportunity.
Investors' lack of confidence in the company's future growth and anticipated earnings instability may be causing the low P/E ratio. Also, there are 2 warning signs for CGN New Energy Holdings to consider.
102877280 : opposite OMG