Hangzhou Lianluo's declining revenue trends suggests the share price may stagnate, possibly indicating shareholder acceptance of low P/S due to no expected future revenue boosts.
Glonhui July 8 | Contact interactive today bucked the trend to limit trading at 7.39 yuan, market value of 16.1 billion yuan. NEWEGG(NEGG.us), a subsidiary of NEWEGG, rose 148.42 percent after triggering a series of circuit shutdowns overnight. Newegg, headquartered in California, is one of the top e-commerce companies in North America. Contact Interactive is the parent company of Newegg, holding about 61% of its shares, according to the documents. According to the 2020 annual report of Linkup, it is newegg's excellent performance that makes Linkup "lose its hat and lose its star"....
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