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Big Tree Cloud Holdings: Promising But Overvalued
@Manika Premsingh:China's consumer staples company, Big Tree Cloud Holdings, has seen a 20% price increase since its SPAC listing, outperforming the Shanghai Composite and Hang Seng indices. The company benefits from strong revenue growth, particularly in the body and oral care products category. It's also profit-generating. However, the company's liquidity is wanting as evidenced by the low working capital ratio, and the stock's market multiples are high. andresr/E+ via Getty Images Since its public listing via the SPAC route in June, the Chinese personal products manufacturer Big Tree Cloud Holdings Limited (NASDAQ:DSY) has seen a 20% increase in price. Not only is this notable for the newly listed company in its own
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