BUB vs WHA, page-301

I will be keen to know what your reason for BUB to be valued at potential $4 or $5 per share.

BAL, BUB, and WHA, all started from a family business. Tell me the difference?
I'm well aware of how Chinese market works. I can clearly see the difference and potence of each company.

Compared with Nextstep Global kept selling BUB shares, WHA's Brilliant River participated $1.25 capital raising, also Mason lending $20m to WHA and receiving 4.7m options with exercise price of $1.60, Mason is also a WHA shareholder.