Jinchuan Group's high P/S may be due to optimism about revenue growth. Its projected growth, significantly higher than industry average, might explain this. Investors see revenue decline risk as remote, possibly supporting the share price.
$金川国際(02362.HK)$Hong Kong stocks Jinchuan International pulled up in intraday straight up, once rose nearly 15%
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lusy bubb :
Sources said that CATL is to buy 10% of Jinchuan Group International Resources' shares; Share prices of Jinchuan soared more than 50% afterwards.
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