The incident involving Pinduoduo employees assaulting law enforcement officers from the State Administration for Market Regulation. On December 3rd, the State Administration for Market Regulation arrived at Pinduoduo's Shanghai headquarters to conduct a three to four-day supervision inspection. On December 4th, senior management at Pinduoduo held a meeting and believed that the sudden inspection was related to the resignation of Vice President Wenxue, who had joined Xiaohongshu. Wenxue was previously a vice-department level official at the State Administration for Market Regulation. In Novembe

There are two veins of this year's excess returns: one is the weak US dollar. The second is AI infrastructure. Computing power construction and replacement of semiconductors and electronic devices (CPO and PCB).

The boss of a pheasant private equity just deceived the local bosses in Zhejiang, and even a researcher was reluctant to recruit, relying on copying E Fund's Zhang Kun's homework, and the customers thought he was very professional, and they relied on deceiving the company a few years ago with a scale of four to five billion

A major liquor merchant in a certain province:
The corkage rate of Moutai has increased from about 50% in 2020 to 60-70% at present.
The consumer structure has changed significantly: the proportion of people's relatives and friends has increased from less than 10% to more than 20%, the proportion of business is about 40% (a slight decrease), government consumption has basically disappeared, and gifts account for 30-40%.

It is rumored that the 400 billion mortgage discount is 1%
risk areas and difficult real estate enterprises may increase to 2%

Bloomberg: According to people familiar with the matter, CICC has once again participated in Vanke's bailout, and Shenzhen has submitted a bailout plan to Beijing through Guangdong Province. The leading investment bank is assisting the Shenzhen Municipal Government and major shareholder Shenzhen Metro Group to formulate a comprehensive rescue plan for the liquidity crisis faced by Vanke. According to the latest information, CICC mainly undertakes the role of debt restructuring design, asset sale coordination and financing plan planning, including bank loan extension, high-quality asset sale, a

In December 2023, the wholesale price of Feitian Moutai was 2,678 yuan/bottle, down 43% in two years
Feitian cut 1339 in half and bought Moutai shares
Dealers go bankrupt 😃 with unsellable inventory

In June 2025, Ren Zeping once again proposed the myth of Bubble Mart
Dr. Ren Zeping began to write about Bubble Mart, and basically determined that Bubble Mart had become Bubble Mart, and the top of history was established.
In November 2021, Dr. Ren proposed Li Ning's new national tide, and Li Ning's stock price reached the top range.
In June 2022, it was proposed that not buying new energy now is equivalent to not buying a house 20 years ago. That was the last moment to escape from new energy.

Rumor ~ Moore wants to buy Cambrian

Holding and gambling are the two major cancers in the practice of Chinese company law.
——Zhu Ciyun, Tsinghua University

[Market Value Comparison of Domestic Computing Power Companies]
Cambricon - 600 billion
Hygon Information - 500 billion
Moore Threads - 300 billion

November inflation data will be released on Wednesday, with the CPI year-on-year increase expected to expand to 0.7%; PPI is expected to fall by 2%.
The actual interest rate for enterprises is rising, so tough...
A reserve requirement ratio cut is coming soon; guessing that A-shares will open high and close low.

China will release November inflation data on Wednesday. Supported by food prices, the CPI year-on-year increase is expected to expand to 0.7%. The PPI is expected to decline by 2%, with the drop narrowing compared to the previous month.

November inflation data will be released on Wednesday, with the CPI year-on-year increase expected to expand to 0.7%; PPI is expected to decline by 2%.
The actual interest rate for enterprises is rising, haha.