Yifeng 

Growth and Challenges of Pinduoduo, the Chinese eBay – Initiate with Hold [1/2]

China has an e-commerce company you probably have never heard of – and it is now worth more than USD 103 billion. Nevertheless, Chinese online business is full of drama, and Pinduoduo will have to keep adapting to stay ahead.

Haidilao 2020 Net Profit Down 86.8% YoY, Per Capita Consumption at CNY 110

Due to the pandemic, Haidilao, a Chinese hotpot restaurant chain, lost CNY 965 million in the first half of 2020. Although the overall net profit has declined, Haidilao's full-year net profit has actually increased in the second half of the year. The average table turnover rate in the second half of 2020 has also rebounded to more than 75% of the same period in 2019.

RLX Technology: Seizing Opportunities to Grow Within Three Years

The tobacco industry has refreshed its business model during the modern era. E-cigarettes have become a hot catch, introducing consumers to a host of new companies stepping into the vaping market. However, only a few companies survived in what became a highly competitive business. Among them, RLX Technology is one of the most successful.

Miniso Records CNY 150 Million Net Profit for 4Q 2020, Up 70% MoM

The epidemic catalyzed Miniso's growth acceleration.

Yifeng Pharmacy to Establish an Internet Hospital, Challenging Ali Health's Arms

Among the four major listed pharmacies, Yifeng Pharmacy is the first to obtain an Internet hospital license.