VIPS is only a little bit higher than high after the great ER. Nasdaq is almost at ytd high so there is really no big deal.
VIPS will go a lot higher due to growth in china E-commerce...average growth is 52% and for VIPS is 126% so it is a winner here.
Also read the new report from SA, very good. They reaffirmed target $126 for YY. Very good article.