bullish
111 Inc -Adr (YI) - Thursday, Nov 2, 2023
SUMMARY
Key points (machine generated)
- 111 Inc's privatization process has been ongoing for 14 months, but no definitive agreement has been reached, leading to investor fatigue and a significant drop in stock price.
- Chinese companies listed in the US typically have long privatization timelines, with some taking over 2 years to finalize the process.
- The extended timeline in 111 Inc's case may be causing concern among investors, resulting in a wider spread between the offer price and the stock price, but relisting the company in China could potentially lead to a higher valuation.
This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.
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