A2M is still profitable. As long as profit is there they can pursue any strategy they want without impacting the bank balance - whether we agree with the strategy or not is a different issue.
The profit is roughly around 2% of the MC in a pandemic situation. Any invetment house will be on alert - doesn't need to be a T/O by the Chinese. I am thinking US or Japan.
What I dont understand is why can't the existing chinese students continue Daigou operation? It is probably due to my lack of knowledge.
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25 | 17913 | 6.770 |
16 | 34639 | 6.760 |
17 | 51984 | 6.750 |
7 | 9662 | 6.740 |
Price($) | Vol. | No. |
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6.800 | 41716 | 12 |
6.810 | 33045 | 12 |
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