seekingalpha.com/article/...gs-overlooked-misunderstood-stock
Overlooked And Misunderstood
Summary
Jupai Holdings is selling for a significant discount to competitor Noah, despite higher growth and better operating margins.
The company has an asset light business model with high economies of scale and little balance sheet risk.
The asset management industry in China is in its early phases of growth and there is plenty of potential for further gains.
Overlooked And Misunderstood
Summary
Jupai Holdings is selling for a significant discount to competitor Noah, despite higher growth and better operating margins.
The company has an asset light business model with high economies of scale and little balance sheet risk.
The asset management industry in China is in its early phases of growth and there is plenty of potential for further gains.