The consensus earnings estimates for Chinese stocks are all wrong. BABA, MOMO, BIDU, TCEHY, etc are all 5x too high for a month or more now
Current earnings are OK on the Analyst page, but the projected and next year numbers are wrong. Every Chinese stock that I have checked has this problem and it has been going on for a month or more. Please take a look!
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Robert Crandall
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