SEHK:267Industrials
CITIC (SEHK:267) Stock Still Looks Like A Bargain Following Its 115% Run
CITIC has delivered a strong share price run in recent years, which naturally raises the question of whether the current valuation is still grounded in its earnings power. With the stock last closing at HK$13.04, investors are asking how much of the business's profit profile is already reflected in that price.
CITIC's share price has gained 114.8% over the past 3 years, putting a lot of focus on whether that move lines up with the earnings the business is generating.
The group relies heavily...