There is one certainty when discussing Chinese stocks: you can expect a lot of volatility and Bitauto Holdings Limited (NYSE:BITA) is no exception. Nevertheless, there is always a business behind the stock and it pays to analyze it to see how it might fit your portfolio.
In my video, I discuss BITA, analyze the difference in perspective Hong Kong investors have as BITA's daughter company Yixin, an online car financing platform, is worth more than the parent company giving a negative value to the car advertising platform that had BITA's stock price almost reach $100 back in 2014.
Enjoy the video.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.