Quotes by Dick Wei

“Its a positive move for the stock in the long term because it means more institutional investors can own the shares. In the near term, the stock is still being driven mainly by ... retail investors and hedge funds.”

“Everyones trying to tap into the high-growth Internet space in China. Right now only about 8 percent of the population is using the Internet. But its growing very fast.”

“E-commerce is still at an early stage in China, so the growth potential is really huge.”

“In some of the big cities, the penetration rate is maybe around 50 percent, but I think the growth is now coming from smaller cities or even the small towns.”