Guess who are those worthy companies that the PE funds are chasing after in China.
Many of them are the CGS stocks such as LPH, CVVT, YUII, CELM, etc. I had heard some more CGS companies were chasing by those funds. Remember most CGS companies sold their secondary to funds, not to individuals over the secondary market.
Funny that you immediately turned around and decried many of those names.
"The chinese private equity markets are overflowing with investment capital seeking a destination. Worthy companies can get that capital. Unworthy companies can't. Simple as that. "
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