To The Moon

Since the beginning of 2023, Tesla launched prices cut on Model 3 and Model Y. After the price reduction measures appeared, many Chinese car manufacturers have also joined the trend of price reduction ($Li Auto(LI)$ , $XPeng Inc.(XPEV)$ , $BYD Co., Ltd.(BYDDY)$ ).At the same time, some midstream and downstream companies also cut prices. Can the Chinese car companies withstand the price reduction strategy? What else deep impacts on the industry?Recently, Xin Ma, the co-director of Bosera Fund, was invited shown on Tiger Live to share about the

Is the banking crisis over?$Deutsche Bank AG(DB)$ 's sudden plunge has caused concern among investorsOn Friday, Deutsche Bank in the U.S. stocks fell 8% and finally closed down 3%. It is worth noting that Deutsche Bank shares fell for three days in a row, the market value decreased bymore than 20%. Deutsche Bank CDS rose means risk concerns increasedCredit default swaps are a financial product for credit default events, and when their price rises, it indicates that investors are worried about the increased risk of default by financial institutions.Deutsche Bank's CDS risk premium rose from 142 basis points on March 22 to 208 basis points on March 24. This means that the cost of insuring against its default risk has risen to its highest level since 2

[Miser]Hi Tigers[Cool]Do you often consume luxury brand or goods?In this article, we collected the top 17 luxury goods companies Q422 or FY22 financial data, knowing that 12 of 17 companies see sales increased YoY and, most of the 17 companies see net profit increased YoY as well.The Bain & Company Luxury Study had pointed in late 2022, that the overall global luxury goods industry is projected to achieve a market value of around $242.8 Billion in sales in 2022, up 21% from the previous year.Source from Web1. What does the increase of global luxury consumption mean?We all know luxury goods consumption belongs to non-essential consumer goods industry, which is a cyclical industry highly connects to economic situation, when the economy goes down, the willingness to consume luxury good wi