E-commerce is still at an early stage in China, so the growth potential is really huge.
Dick Wei
It's a positive move for the stock in the long term because it means more institutional investors can own the shares. In the near term, the stock is still being driven mainly by.. Retail investors and hedge funds.
positive
Everyone's trying to tap into the high-growth Internet space in China. Right now only about 8 percent of the population is using the Internet. But it's growing very fast.
internet growing space population china
growth potential early stage china
In some of the big cities, the penetration rate is maybe around 50 percent, but I think the growth is now coming from smaller cities or even the small towns.
growth small cities big
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