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VIPSHOP HOLDING LTD (VIPS) NATALIA DOBOSZ 1

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VIPSHOP HOLDING LTD(VIPS) NATALIA DOBOSZ1Overview

CHINAS LEADER AND PIONEER IN ONLINE DISCOUNT MERCHANDISE SALESA CONSUMER DESCRETIONARY STOCKSALES IN CHINA; EXPECTED GROWTH INTO HONG KONG AND MACAU MARKETSRELATIVELY NEW COMPANY WITH TREMENDOUS HISTORICAL AND EXPECTED GROWTHWERE ABLE TO FIND MARKET OPPORTUNITY AND ACT ON IT2Recommendation Ke Point!"Recommendation#Buy "Good Growt$%Oriented Stoc&"De!ired 'ntr Point# NO( ) *rice recent+ ,e++"Price tar-et i!$59!" #$"!% u&'()*+"./rrent c+o!e o, $,5,$3Inve!tment T$e!i!Hi-$ Growt$ Stoc& Ta&in- advanta-e o, $/-e mar&et o**ort/nit (012 o, .$ina !$o**er! are di!co/nt !$o**er!)'3*onentia+ !a+e! -rowt$ wit$ -rowin- mar-in!Recent+ ,e++ ,rom it! 40 wee& $i-$ o, 561.$ina7! -rowin- midd+e c+a!! wi++ !/**ort t$e com*an4.$ina and Retai+ Ind/!trT$e Ind/!trHi-$+ 8rand and *rice oriented con!/mer! in .$inaLac& o, ma9or di!co/nt retai+er! in .$ina ) an o**ort/ni!tic ind/!trLimited n/m8er and !ca+e o, o/t+et !tore!012 o, .$ina7! retia+ mar&et i! di!co/nt retia+.on!/mer! /!/a++ -o on+ine to -et o:%*rice *rod/ct!T-* R*.(/0 R*12 GDP3 !4 (0 ,5$4; !5 0/6; 7! (0 ,5$7CPI3 ,5 (0 ,5$4; $4 0/6; ,$ (0 ,5$7U0*8&2/y8*093 4$ (0 ,5$4; 4$ 0/6; 4$ (0 ,5$7":8/09- ;19*3 "5 (0 ,5$4; ,77 0/6B/0) y(*2)3 "75 (0 ,5$4; "44 0/6 A.*0