I wondered why 111 traded up so strongly in September or whenever it was based on there being nothing definitive ... I have ended up with decent sized positions in VNET and HOLI but I'm not really feeling it. I think I was encouraged by what seem like multiple interested bidders that might force something to get done or underpin valuation but we never really know... Julie Zhu @ Reuters saying maybe Q4 for HOLI but she also said DouYu and Weibo would be taken private when they were double today's prices so I question motives behind most of the press coverage...
I wondered why 111 traded up so strongly in September or whenever it was based on there being nothing definitive ... I have ended up with decent sized positions in VNET and HOLI but I'm not really feeling it. I think I was encouraged by what seem like multiple interested bidders that might force something to get done or underpin valuation but we never really know... Julie Zhu @ Reuters saying maybe Q4 for HOLI but she also said DouYu and Weibo would be taken private when they were double today's prices so I question motives behind most of the press coverage...