Three years ago, the market had higher expectations of EPS growth, which might explain the share price change. The company's performance last year indicates unresolved challenges, as it was worse than the annualised loss of 0.4% over the last half decade.
High share price growth shadowing EPS growth points to greater market faith in the business. Considerable TSR shows dividends played a key role. The recent pullback might be a purchase chance if sustained growth trend is positive. Note that even top stocks can lag temporarily.
The Hong Kong bourse was buoyed by the sharp uptick of Chinese banks and oil stocks.$Hang Seng Index(800000.HK)$, which has once stretched its rise to 272 pts, closed at 20,297, elevating by 247 pts or 1.24%;$Hang Seng China Enterprises Index(800100.HK)$thrived 99 pts or 1.47% to close at 6,897;$Hang Seng TECH Index(800700.HK)$climbed 18 pts or 0.48% to close at 3,914. The full-day turnover totaled at $108 billion. Chinese banks spearheaded a steep rally of the br...
Spineeスレ主 : Hang Seng Index rises 1.2%, on track for a five-day winning streak, to its strongest level since November.