Hedge funds are favoring eHi Car Services Ltd (NASDAQ:EHIC) stocks. Many hedge funds are reportedly increasing their collective stake in the China's car rental company.
Breaking News
Shares in China's largest auto rental company CAR Inc (0699.HK) surged as much as 28 percent in their Hong Kong trading debut on Friday as investors scrambled for exposure to a market expected to almost double to $11 billion by 2018.
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