$Alibaba (BABA.US)$In the investment market, it's not about being smart and making a lot of money, but about choosing the right direction. In the past, many people became wealthy in the era of China's real estate, but it was only wealth accumulated under government bonuses. The era of real estate has come to an end. Now is the era of developing China's stock market. From the highest level of China's Central Political Bureau to the China Banking and Insurance Regulatory Commission, everyone has made it clear that developing China's stock market is crucial. This has already told us that this is the wealth creation dividend for the next decade; if you don't seize it well, you will truly deserve to be poor for a lifetime. If others prepare food, do you still expect them to feed you?
I believe everyone has already seen the news. In addition to many policies supporting the stock market, companies are now required to guarantee loans, and can only invest in the stock market as a special project; this is the first time in history, very shocking! Recently, there have been comments about the possibility of a third world war outbreak, and the likelihood of war between China and the USA. A few days ago, China successfully and accurately launched an intercontinental missile, and it was done under the premise of informing the USA. Before the target was hit, the USA couldn't even intercept this missile, which is an older version, not the latest model. It is the first time in 44 years that China has launched an intercontinental missile. Many of you may not have been born then. In the days leading up to the launch, Russia had a failed launch, causing some European and American countries to doubt the military strength of Russia and China. The USA had a previous launch, but due to a deviation in the firing position, it exploded in mid-air. Currently, in the world, China is the only successful country that can accurately carry a nuclear warhead over such a long distance.

$Alibaba (BABA.US)$Today, for the first time in my life, I bought something on PDD Holdings (Pinduoduo). It's called temu abroad. When I received the items after work today, it was really funny. The things I bought are really not up to par. They seem like defective products that didn't pass quality inspection. The shoes I bought don't fit, and some of the jewelry, which looked great in the photos, turned out to be full of plastic. I suddenly realized that recently. $PDD Holdings (PDD.US)$The stocks are really doing well. The things on PDD Holdings (Pinduoduo) are really cheap, but the quality is very poor. When chatting with my friends in China, they made fun of me and said that the quality on PDD Holdings (Pinduoduo) is too bad and I shouldn't buy from there anymore. If I want to buy, I should buy from Taobao or Tmall. This is my first dissatisfactory shopping experience on PDD Holdings (Pinduoduo). Lower prices are indeed a competitive advantage. Many foreigners are attracted to the cheap prices and keep buying. But I believe that when a person reaches a certain level of shopping, they will care about the quality of a product. Quality over quantity. With the increasing popularity of temu abroad, there are ads on TikTok and YouTube, and more people are buying. I'm really afraid that those foreigners will say, "You see, products made in China are of low quality." I still hope that China, the world's factory, can produce products with improved quality. In this regard, I think Taobao and Tmall are much better than PDD Holdings (Pinduoduo). Of course, everyone has different spending habits. Ensuring the quality of a product is the key to gaining many repeat customers and maintaining long-term operation.