My concern is that there is absolutely no demands for their products.
People are banking on the SAMR to get sales going. But thing is, if there were any real interest for WHA products in China, I am sure that daigous would be emptying shelves and sending the products back there. Similarly to what is happening with other brands.
Unfortunately I can't see any of this happening here.
Happy to hear others' thoughts.
WHA Price at posting:
97.0¢ Sentiment: None Disclosure: Held