Articles by 刘章明 、张璐芳

E-commerce Has a "Disease", Is FMCG the "Cure"?

From 2016 to 2017, we spent considerable time studying new retail and consumption upgrades, recommending leading supermarket stocks. Why did both primary and secondary investments point to supermarkets? What changes have occurred in the channel landscape of the FMCG market represented by supermarkets?