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.
$JINCHUAN INTL (02362.HK)$Hong Kong stocks Jinchuan International pulled up in intraday straight up, once rose nearly 15%
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lusy bubb
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Sources said that CATL is to buy 10% of Jinchuan Group International Resources' shares; Share prices of Jinchuan soared more than 50% afterwards.
Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry. Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry.
101778103 : novacon tech got halted, is there something wrong with the company?
I like to move it OP 101778103 : I oso not sure.