I understand that MIG 33 Biz growth is structured on an identical/similar business model to "TENCENT HOLDINGS" (current Mkt cap of $120bil).
According to an article in "The Australian" today: "Tencent Holdings is "Alibaba's" major Rival. Here is the link:
http://www.theaustralian.com.au/business/wall-street-journal/alibaba-readies-for-us15bn-ipo/story-fnay3ubk-1226892713436
Hence we should pay close attention to the performance of the "Alibaba" IPO later this week.IMO this is shaping to be one of the most popular IPO's this year, if so we may see a revival in the "Chinese Online & social media" scene.
Cheers
Huckle
lat and mig 33 merger
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