I do not think it overvalued since no one really knows what is going on in the background.
How would you feel if GMV announced on any piliot \ POC \ negotiations \ strategic moves etc? you probably would say that he is trying to pump this share and its nothing than a hot air.
The fact the the DR decides not to announce on any small things (that might be big for us), just shows his strengh of the comapny and what is relevant for him to show the public.
I believe the info we know (NASDAQ, HK, Certificates) are just minor compare to the moves that happening behind the scene.
I trust the DR and believe that he is building one of the leading companies in this industry. If you think that too, you should thanks that you found this baby in such an early stage.
You do not build empires in short time, have a good weekned!
Best,
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