It is a 1000 Billion RMB enterprise finanical market blue sea in up coming years in China.
The door is now opening because of the drying cheap labor resources in China, while China is transforming himself from cheap manufactoring to servicing and branded product producers. This means big enterprises will have to start seeking SAAS services to optimize HR and other resources.
The great potential that people under estimates 99 WuXian are:
- Very high market entry barrier. Think about how hard it is to build a ecommerce platform that connects to top 10 banks and insurance providers in Aussie.
- Huge user base means lots of other potential opportunities.
- Insurance sector is growing faster than you thought
- SAAS Enterprise platform is still very new in China, but with 1000 billion market before 2020.
and lots.
Anyway, all the best to patient holders, I understand why people stay away from Chinese companies, but will this one turn into next BAT, ....
NNW Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
