Talking to a brother from Meituan, he always asked me for my opinion when he was reducing his stock holdings. I told him that Meituan was ridiculously overvalued when it was 380. In the end, he reduced most of it. Recently, he asked me if I wanted to sell out. I said 100. 120 is the normal valuation, and it becomes more expensive if you really want to invest in $DiDi Global Inc.(DIDIY)$ . It is obviously more cost-effective, with a value of several times to 10 times.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
