JLMBEN
2021-07-28

$IFAST CORPORATION LTD.(AIY.SI)$

My guess why it is down so much, firstly the stock is trading at very high multiple (overprice), secondly  due to the general market sentiment worried about a global correction.   Lastly and most importantly I think market is fearful and worried about ifast exposure in China.  You don't know what China regulators  will do on crackdown on national personal data , they could forbid or restrict , anything is possible.

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