Bitauto Holidng (NYSE: BITA) is an interesting Chinese car platform and car loan business that is growing at 50%. I discuss the stock, how it can fit a Chinese growth portfolio and why it will probably be a good investment. However, there is a catch.
It is also funny how the mother company is cheaper than the daughter company which indicates how markets are irrational. BItauto’s subsidiary YiXin is more expensive and trades on the Hong Kong stock exchange, thus there is potential room for investing arbitrage.
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