Tag Archives: China039s

China's Xi Asks G20 Countries to Be 'Open and Accommodating' to CBDCs – Yahoo Finance

China's Xi Asks G20 Countries to Be 'Open and Accommodating' to CBDCs – Yahoo Finance

InvestorPlace Wait For a Pullback Before Jumping Into Xpeng Stock Electric vehicle (EV) stocks remain hot. But, so far this month, none have held a candle to China-based Xpeng (NYSE:XPEV) stock. Shares have more than doubled since Nov 1. As a result, shares now trade at a sky-high valuation. Source: Johnnie Rik / Shutterstock.com Based on trailing twelve month revenues, shares currently sell for a price/sales (P/S) ratio of 18.8! Sure, considering rival Nio (NYSE:NIO) sports a P/S ratio of … Source link

Read More »