BIDU Return Rate
Rate Of ReturnNot only the China Internet sector, but many domestic industries are in this kind of ecosystem, with cutthroat competition everywhere in photovoltaics, lithium batteries, new energy vehicles, and AI large models, especially the AI 'Hundred Models War' just like Meituan's 'Hundred Group Wars' back in the day.
$Alibaba(BABA.US)$MEITUAN(03690.HK)Besides regulation, another major issue with Chinese concept stocks is the severe involution and overcrowded sectors. Every company wants to do everything, leaving no room for others. Especially when there's a giant unlisted company that occasionally competes with listed companies for business.
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