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One chart to understand ChangXin vs Hailisi
ChangXin’s market cap is about 57M based on the current hype over-the-counter price of 8.3 USD, which is about in line with market expectations.
There is also some PE-tech premium in the A-share market; if ChangXin’s market cap is close to Hailisi, it could be a long-term short.
ChangXin’s profit and performance are all very good; it just lacks an HMB.
#CXMT #SKHY