Chinese insuretech Waterdrop’s 20% drop on stock debut day

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Insurance distribution is all about acquisition cost

Evolution of Chinese retail investors (a.k.a. chives)

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More and more capable (of losing money)

Meituan is launching a new user interface for its app?

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Biggest revamp sine 2019.

Meituan share price actually rose after news on anti-trust probe

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Always good to have certainty, which in this case probably has limited impact.

Alibaba gains US$40 billion market cap after record $2.8 billion fine

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Market thinks quite positively about the news

US$2.8 billion fine is really not significant for Alibaba, what happens...

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Are Alibaba's troubles over? Will it spill over?

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