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Opinion
Nisha Gopalan

Autohome Changes Drivers

Autohome's takeover by Ping An hasn't impressed investors, but don't write it off yet.

Buyout offers for U.S.-traded Chinese companies have been a bonanza for plenty of investors. Shareholders of Autohome must feel like they bought a lemon.

Shares of China's biggest car-information website have fallen almost 9 percent this week after the company replaced most of its board following Ping An Insurance's $1.6 billion purchase of a 47 percent stake.