UTVG: I think the possibility of scam is low. Their business is fine, and all the acquisitions they have done last year should be real. Also, Jiangpin Jiang, the CEO of UTVG, seems to be a quite ambitious woman. So I don't think we are going to see another BBC case here.
Are the numbers in their reports reliable? I do not know. However, comparing their numbers to those from CTRP's reports, I would say their profit margin is reasonable.
What about the selling pressure? I have no idea. We may have to go back to their shareholder's structure to get the answer.
