Ctrip-Qunar spread looking for closure

I previously discussed how online travel agent Qunar will benefit from collaboration with Baidu, and have raised doubts as to how standalone market leaders such as Ctrip can compete with China's three tech titans: Baidu, Alibaba and Tencent. This trade view focuses on the share price spread between Ctrip and Qunar, and expects it to decline over the next three months.

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