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Zong Fuli's resignation caused controversy, and her position changed 124 times this year!On July 18, a "letter to all employees of Wahaha Group" signed by Zong Fuli caused heated discussion. The reporter of Southern Finance Express asked the relevant staff of Wahaha Branch for confirmation, but they said that they would not answer and did not know the specific situation. In addition, the relevant personnel of Hangzhou Shangcheng District Cultural, Commercial and Tourism Investment Holding Group Co., Ltd., the largest shareholder of Wahaha, also responded to the reporter of Southern Finance Express that they were not aware of the incident. Details >>

Global Wealth Report: 1.5% of the population has wealth exceeding one million US dollars, and female spouses may inherit huge wealth"After a 3% decline in 2022, global wealth growth has recovered in 2023, increasing by 4.2% in US dollar terms, offsetting the losses of the previous year," UBS recently released the "2024 Global Wealth Report", which analyzes 56 markets that account for 92% of global wealth. UBS Wealth analysts believe that the main driving force behind this recovery comes from Europe, the Middle East and Africa (EMEA) and the Asia-Pacific region (APAC), where wealth has increased by 4.8% and 4.4%, respectively. In addition, as inflation slows, real growth will exceed nominal growth in 2023, resulting in an inflation-adjusted global wealth increase of nearly 8.4%. Details >>

All three major indexes turned positive, with the ChiNext Index up 1.25%The market rebounded throughout the day, with all three major indexes turning positive, led by the ChiNext Index. Heavyweight stocks strengthened collectively, with China Mobile and Yangtze Power hitting new historical highs, and CATL rising by more than 4%. Nancai Financial Terminal showed that as of the close, the Shanghai Composite Index rose by 0.48%, the Shenzhen Component Index rose by 0.5%, and the ChiNext Index rose by 1.25%. Details>>

Hong Kong Consumer Council issues clarification and apology on Nongfu Spring incidentOn July 18, the Hong Kong Consumer Council’s official website issued a clarification statement saying that after meeting and having in-depth exchanges with representatives of Nongfu Spring yesterday, the Council learned that the product in question is neither natural mineral water nor purified water, but drinking natural water, and the standard adopted by the company is the "National Food Safety Standard for Packaged Drinking Water" (GB19298-2014) in the mainland, where it is produced. In this regard, the Council has reclassified the sample as an independent category of drinking natural water and re-scored it. After the re-scoring, the overall performance of the sample was adjusted from 4.5 stars to 5 stars. Details >>

This generation of young people loves bicycles

When it comes to the new favorites that have appeared most frequently in the circle of friends in the past two years, bicycles will undoubtedly be shortlisted. In the past, bicycles were just a means of transportation, but now they have become large toys and social currency for young people. Cycling is no longer limited to commuting, but has been completely integrated into the lives and entertainment of young people. During holidays, there will be a large number of enthusiasts wearing tights and cycling shoes riding bicycles to the streets and alleys, as well as scenic roads and winding mountain roads around the city. The trivial daily life and fast-paced work have made more and more young people urgently need to release pressure. And cycling, a free, healthy, and relatively low-cost sport, has become a way chosen by more people. As cycling becomes more and more popular, the supporting industries and services around bicycles are gradually upgrading. From fully equipped bicycles, to various large and small equipment, to clubs and other community organizations, the cycling craze has driven the entire industry chain. Details >>

New forces in car manufacturing bid farewell to the era of direct sales

Since last year, many new energy vehicle companies have actively moved towards the distribution model. In addition to Avita, they also include Leapmotor, Xiaomi, Zeekr, Xiaopeng, BYD's Denza and Fangchengbao, etc. More and more new energy vehicle companies choose to embrace dealers again, but is the distribution model really a "good medicine" to boost sales? Details >>

Low-priced cold drinks, take over the summer

In the hot summer, ice cream and cold drinks are essential tools for cooling off. In the past few years, the "ice cream assassin" rose and disappeared, and tea drinks once sold for thirty or forty cups and then gradually dropped in price; this year's cold drink market, ice cups suddenly became popular, and lemonade rolled into the one-yuan price range, and "low price" became the label of the cold drink market this summer. From the resurgence of affordable ice cream and the popularity of ice cups, to the decline of tea and coffee to single-digit prices, all these changes reflect the change in consumer mentality. In the general environment, consumers pay more attention to cost-effectiveness and practicality, and consumption is gradually returning to rationality. In this era of transparent information and diverse choices, consumers know better how to make the best choice for their wallets. Details >>

By offering free cooking services, are vegetable markets starting to steal the business from small restaurants?

"Restaurant owners never expected that their competitors would be meat and vegetable sellers." Recently, a vegetable market in Yantian, Shenzhen, surprised many people. The owner of a beef stall in the market turned into a chef, not only helping customers cut vegetables, but also cooking for free, focusing on being considerate. In addition to vegetable markets, there are also many convenience stores, supermarkets... all busy opening "canteens" to grab the business of restaurants. In this regard, many catering people lamented that "internal competition" has intensified, and "external competition" has come again. It is really too difficult to work in the catering industry now! Details >>