FAST NEWS: NaaS establishes strategic partnership with state-owned SHNE December 21, 2023 NAAS.US 1.72 (-8.0%) The latest: NaaS Technology Inc. (NAAS.US), operator of China’s largest independent electric vehicle (EV) charging network, on Wednesday the company and its subsidiary Sinopower Hong Kong formed strategic partnerships with Shandong Hi-Speed New Energy Group (SHNE, 1250.HK), a state-owned new energy company. ...
Most investors are willing to pay a premium for NaaS Technology's stock due to expectations of strong future growth. The high P/S is justified by the strong revenue outlook and investor confidence in the company's future revenues.
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