I feel obliged to correct something in my last post. There...

I feel obliged to correct something in my last post.

There wasn't anything in English on that Super Soco launch, so the information I posted there was from websites in Spanish or Chinese via Google translate, which is always a bit iffy.

So I sent a link from one of the Chinese websites reporting on that Super Soco presentation to a contact of mine who is fluent in the language, just in case something was lost in translation.

Anyway, he got back to me today, and he seemed to think that the point about 'peak car' may have actually been in relation to an electric car that Super Soco is planning to launch at some stage.

Assuming this is right, my guess is that they are going to be employing 'crowdfunding' to raise the money for this project, having apparently enjoyed success with this method in the past.

I increasingly suspect that there have probably been very strong links between Super Soco and Vmoto from the outset, however because Super Soco needs to present itself as a fresh startup to generate enthusiasm (and funds) for the company, Soco tends to downplay these links.

Investing in China is a bit like investing in the Wild West, so possibly Vmoto, being listed in a stable and relatively well regulated jurisdiction outside of China, might provide the vehicle through which investors can gain exposure to the growth of Super Soco but at a lower risk. Maybe this is why Charles Chen is buying so many shares?.

It is all relative, I guess: While most Australian investors would probably consider Vmoto a highly speculative stock, from the perspective of a Chinese investor it might look pretty solid.