The car marketplace in China is continuing to grow and develop quickly, and it obviously presents a perfect opportunity for investment. By looking into both Autohome and Bitauto, it's clear that Autohome provides a solid choice for that investment.
The market values Autohome at a high premium and its stock price has been rallying. However, we think Bitauto's recent slump in stock price highlights opportunities for value investors.
China has been the largest auto market in the world for the past decade. Still, China's auto industry, especially the marketing and distribution channels, continues to grow at an incredible speed, largely fueled by recent developments in technology, the economy, and policy. While there are many attractive investment opportunities in this sector, most of them remain in the private market and they haven't reached the stage of public listing. This article aims to examine two public companies, Autohome and Bitauto, to explore some of the opportunities that investors can explore in the secondary market.
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