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How bottled water catapulted Zhong Shanshan to world's richest li...

In a year when tech - small and big - ruled the roost, Nongfu Spring - a Chinese bottled water manufacturer - has emerged as an improbable winner.To get more news about Nongfushanquan, you can visit en.nongfuspring official website.

Nongfu Spring, which is based in China's eastern city of Hangzhou, hit a jackpot after the company's $1.1 billion initial public offerings in Hong Kong in September last year saw a stellar response. The stock has risen over 200% since it hit the equity market. The bumper response to the IPO propelled its founder Zhong Shanshan to the Bloomberg Billionaires Index. In fact, Zhong saw his wealth surge more than $13.5 billion to nearly $92 billion since the start of 2021.

Zhong is now the sixth richest man in the world after surpassing the likes of Larry Page and Mukesh Ambani. He is also the only Chinese national in the Billionaires Index after property tycoon Wang Jianlin to make it to the top 10 in the list.Founded in 1996, Nongfu is a leading bottled water producer in China. The company also produces, and sells fruit juice, sports drinks, and tea drinks and has nearly 19,000 employees. Zhong, whom the Chinese media refers to as lone wolf, has capitalised on rising Chinese disposable income, public wariness of tap water and changing lifestyle patterns to push demand for bottled water.

In fact, the red-capped mineral water bottles - the company's main segment - are a common sight and can be found in practically every convenience store and supermarket. According to reports, consumption per person of bottled water in China rose from 41 litres in 2014 to 59 litres in 2019. However, China's per capita consumption is just around one-fifth of that of the U.S. The industry is likely to grow annually by 5.7% according to reports.

MINERAL WATER MARKET MAY SEE A BIG MOVE

IndustryGrowthInsights offers a latest published report on Global Mineral Water Market industry analysis and forecast 2020-2027 delivering key insights and providing a competitive advantage to clients through a detailed report. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. The report contains XX pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.To get more news about Nongfushanquan, you can visit en.nongfuspring official website.

Mineral Water Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Mineral Water global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020-2027.

The scope of the report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions. The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, and PESTLE analysis. The statistics are represented in graphical format for a clear understanding on facts and figures. The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders. Secondary research techniques are implemented for better understanding and clarity for data analysis.

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Nongfu Spring partners with Pinduoduo

Nongfu Spring, China’s top bottled water and beverage producer, and leading Chinese e-commerce platform Pinduoduo (PDD), announced to reach strategic cooperation. Nongfu Spring will open an official flagship store in Pinduoduo and list its full lineup of products.To get more news about Nongfushanquan, you can visit en.nongfuspring official website.

PDD will provide resource support such as “10 billion subsidies” and “limited time spike,” and carries out comprehensive cooperation in R&D, production, live streaming, promotion, and more to bring new shopping experience for consumers. According to PDD, on the first day of the launch, the flagship store achieved a single store turnover of 2.8 million RMB (US$403,480), and the sale volume of Nongfu Spring’s NFC juice series exceeded 33,000 orders.

During the launch period, the flagship store opened a special live streaming session on the internet. As a leading enterprise in the domestic beverage industry, Nongfu Spring is committed to bringing various high-quality and innovative drinks. In the future, PDD will explore the production of customized products with Nongfu Spring, based on the consumption patterns and market feedback from its platform. The two companies will also have an operational technology tie-up to meet consumer demands. Founded in 2015, PDD was among first China’s e-commerce unicorns. Its valuation grew tenfold, reaching US$15 billion in early 2017 in a flash after Tencent (0700: HK) poured over US$ 200 million into the firm.

The company raised another US$1.4 billion in its series D financing round and then made a successful exit, going public on Nasdaq in July 2018. PDD has a unique business model; a large part of PDD’s users base is from lower-tier Chinese cities with more price-conscious consumers. Alibaba concentrate on higher-tier cities. So PDD is a rising star, challenging Alibaba. China’s e-commerce sector is one of the most mature yet innovative in the world. By the end of 2020, China’s e-commerce transaction volume will exceed 40 trillion RMB (US$5.8 trillion) and the total online retail sales will reach 10 trillion RMB (US$1.45 trillion).

Bottled water billionaire Zhong Shanshan pips

Bottled water billionaire Zhong Shanshan pips A businessman who spun his wealth from bottled water and vaccines has usurped tech tycoon Jack Ma as China's richest man, the Bloomberg Billionaires Index showed September 24.To get more news about Nongfushanquan, you can visit en.nongfuspring official website.

Nongfu Spring founder Zhong Shanshan's net worth has hit $58.7 billion after a massive listing by the bottled water company in Hong Kong earlier this month.This makes him $2 billion richer than previous number one, Alibaba founder Jack Ma, the wealth index said. Zhong's Nongfu Spring, which claims to be number one in China's massive bottled water market, is ubiquitous across a country where most people shun tap water for health reasons.

The company raised nearly $1.1 billion in its initial public offering. Zhong is also the chairman of Beijing Wantai Biological Pharmacy Co. Ltd., a vaccine manufacturer that listed on the mainland in April.It is developing a Covid-19 vaccine nasal spray in conjunction with a prominent university. Zhong, a 66-year-old former reporter from Zhejiang who state media say was also once a construction worker, is often referred to by Chinese media as a "lone wolf" for his rare public appearances and reluctance to be interviewed.

U.S. Dollar Index (DX) Futures Technical Analysis

U.S. Dollar Index (DX) Futures Technical Analysis


　　The U.S. Dollar is trading lower against a basket of major currencies as we near the end of an extremely volatile trading session. Early in the day, the greenback fell to its lowest level in nearly three years on Wednesday, with traders anticipating a Democrat win in the U.S. Senate election in Georgia that would clear the path for a larger fiscal stimulus package.To get more news about WikiFX, you can visit wikifx official website.
After a fall of nearly 7% in 2020 and dropping as much as 0.9% in the new year, the dollar turned higher as a crowded trade began to unwind. However, the move was fueled by short-covering and not real buying so it began to fail. Late in the session, the index turned lower for the day.
　　[fx-image src=/2021/01/Daily-March-U.S.-Dollar-Index-1.jpg data-zoom-target=https://responsive.fxempire.com/cdn/n/n/_fxempire_/2021/01/Daily-March-U.S.-Dollar-Index-1.jpg originalWidth=1920 ratio=1.99]Daily March U.S. Dollar IndexDaily Swing Chart Technical Analysis
　　The main trend is down according to the daily swing chart. The downtrend was reaffirmed when sellers took out the previous days low. The main trend will change to up when buyers take out the last main top at 92.730. This is nearly impossible, but due to the prolonged move down in terms of price and time, the index is vulnerable to a closing price reversal bottom.
　　The minor trend is also down. A trade through 89.965 will change the minor trend to up. This will also shift momentum to the upside.
A sustained move under 89.565 will indicate the presence of sellers. This could lead to a retest of 89.165. If it fails, the break could extend into the March 27, 2018 main bottom at 88.940. This is a potential trigger point for an acceleration into the February 16, 2018 main bottom at 88.250.

　　A sustained move over 89.565 will signal the presence of buyers. If this creates enough upside momentum then look for the rally to possibly extend into the minor top at 89.965, followed by the 50% level at 90.160.

European Equities: Economic Data

European Equities: Economic Data


It was a particularly bullish day for the European majors, which bounced back from Tuesdays pullback.To get more news about WikiFX, you can visit wikifx official website.
　　The DAX30 rallied by 1.76% to lead the way, with the CAC40 and EuroStoxx600 gaining 1.39% and 1.36% respectively.
　　An EMA announcement of the recommendation for approval of the Moderna Inc. COVID-19 virus supported the majors. News of Germany extending its lockdown was muted by the vaccine news, in spite of France also facing the possibility of another lockdown.
　　From Capitol Hill, the Democrats looked set to take control of the Senate, raising the prospects of more fiscal stimulus, which also supported the upside.
　　The Stats
　　It was a busy day on the economic calendar, with the private sector PMI and inflation figures in focus.
　　Key stats included December service sector and composite PMI figures for Italy and Spain. Finalized PMIs from France, Germany, and the Eurozone were also in focus.
　　Italys services PMI rose from 39.4 to 39.7 in December, versus a forecasted rise to 45.3. In November, the PMI had tumbled from 46.7 to 39.4.
　　From Spain, the services PMI increased from 39.5 to 48.0, versus a forecasted rise to 45.0. In November, the services PMI had fallen from 41.4 to 39.5.
　　Frances services PMI came in at 49.1, which was down from a prelim 49.2, while up from a November 38.8.
　　In December, Germanys PMI rose from 46.0 to 47.0, which was down from a prelim 47.7.
　　For the Eurozone, the services PMI came in at 46.4, which was down from a prelim 47.3. In November, the PMI had risen from 46.9 to 41.7.
It was a busy day on the economic calendar, Finalized service and composite figures were in focus along with ADP nonfarm and factory order numbers late in the European session. The stats were skewed to the negative.
　　ADP nonfarm employment change figures were particularly disappointing. According to the ADP, nonfarm employment fell by 123K in December, partially reversing a 304k rise in November.
　　In December, the Services PMI came in at 54.8 which was down from a prelim 55.3 and a November 58.4. The composite PMI came in at 55.3 which was down from a prelim 55.7 and Novembers 58.6.
　　On the positive, factory orders rose by 1.0% in November, following a 1.3% increase in October. Economists had forecast a 0.7% rise.

EUR/USD Mid-Session Technical Analysis for January 7, 2021

EUR/USD Mid-Session Technical Analysis for January 7, 2021


The Euro is edging lower against the U.S. Dollar on Thursday, hovering just below its highest level in nearly three years as U.S. Treasury yields rose after Democrats won control of the U.S. Senate, clearing the way for possible larger fiscal stimulus under President-elect Joe Biden.To get more news about WikiFX, you can visit wikifx official website.
　　Reuters said that analysts generally assume a Democrat-controlled Senate would be a net positive for economic growth globally and thus for most risk assets, but negative for bonds and the dollar as the U.S. budget and trade deficits may widen further.
　　
　　Economic sentiment in the Euro Zone ticked up last month but inflation held in negative territory before what is likely to be a slow rise this year as some tax cuts are reversed, oil prices rise and the economy starts to recovery.
　　With the economy likely shrinking again in the fourth quarter and inflation below zero since August, the ECB already approved a new package of stimulus measures in December, extending copious asset buys well into 2022 to insulate an economy likely to face permanent damage from the pandemic.
　　[fx-article-ad]Daily Swing Chart Technical Analysis
　　The main trend is down according to the daily swing chart. A trade through 1.2349 will signal a resumption of the uptrend. The main trend will change to down on a move through 1.2025.
　　The minor trend is also up, but a new minor top was formed at 1.2349.
　　The minor range is 1.2025 to 1.2349. Its 50% level at 1.2187 is a potential downside target. Since the main trend is up, buyers are likely to come in on a test of this level.
　　The short-term range is 1.1800 to 1.2349. Its 50% level at 1.2074 is a more important support level.
　　Daily Swing Chart Technical Forecast
　　A strengthening U.S. dollar could pressure the top-heavy Euro for a couple of sessions. The price action indicates that investors are growing a little uncomfortable buying the EUR/USD at current levels. If theyre not buying strength then they probably want to value. The first minor value area is 1.2187. Rising U.S. Treasury yields should continue to be the catalyst weighing on the single-currency and supporting the greenback.
　　If there is a breakout over 1.2349 then this would put the EUR/USD on track for a near-term test of the April 17, 2018 main top at 1.2413.

AUD/USD Forex Technical Analysis

AUD/USD Forex Technical Analysis 


The Australian Dollar inched lower on Friday but remained inside the previous days range for a second session, indicating investor indecision and impending volatility. Profit-taking and rising U.S. Treasury yields contributed to the weakness.To get more news about WikiFX, you can visit wikifx official website.
　　The Aussie eased off a 2-1/2 peak at .7820 hit on Wednesday as investors speculated on when the U.S. Federal Reserve might taper its asset buying, sending longer-dated Australian yields to six-month highs.
　　On Friday, the AUD/USD settled at .7765, down 0.0002 or -0.03%.
　　Dealers said speculators pared some short positions in the U.S. Dollar on speculation the Fed would not now increase its bond buying program, given the rollout of coronavirus vaccines had improved the economic outlook for later in the year.
　　Instead, some officials had talked about tapering the purchases late in 2021, sooner than many in the market had anticipated. That combined with talk of more fiscal stimulus as Democrats took control of the Senate to push longer-term Treasury yields higher and gave the U.S. Dollar a lift after weeks of losses.
　　Daily AUD/USDDaily Swing Chart Technical Analysis
　　The main trend is up according to the daily swing chart. A trade through .7820 will signal a resumption of the uptrend. The main trend will change to down on a move through .7643.
　　The minor trend is also up. The new minor top is .7820.
　　The minor range is .7643 to .7820. Its 50% level at .7731 provided support on Thursday and Friday.
　　The short-term range is .7339 to .7820. If the trend turns down then is 50% level at .7579 will become the next downside target. This is a potential trigger point for an acceleration to the downside.
　　Short-Term Outlook
　　Based on last weeks price action on the daily chart, the direction of the AUD/USD early next week is likely to be determined by trader reaction to the 50% level at .7731.
　　Bullish Scenario
　　Holding .7731 will indicate the presence of buyers. Overtaking and sustaining a move over .7820 will indicate the buying is getting stronger. This would put the Aussie on a path toward the March 14, 2018 main top at .7916.
　　Bearish Scenario
　　A sustained move under .7731 will signal the presence of sellers. This could trigger an acceleration to the downside since the next major target is the January 4 main bottom at .7643.
　　If .7643 fails then the main trend will change to down and the selling would likely extend into the 50% level at .7579.

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Trò baccarat trực tuyến có các lựa chọn khác ngoài các sòng bạc g...

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Mỗi người chơi được chia ra hai lá bài úp xuống, và người chia bài được chia ra một lá và một lá lên.Như xì dách, các cầu thủ có thể chọn đứng hay rút để nhận thêm một lá bài.Một người chơi tạo ra\ 82;may mắn draw\ 8921; cho một cú hit, phải đặt thêm ngang với cú cá gốc. Sau khi mọi người đã quyết định, người chia bài tiết lộ bàn tay và phải rút súng để lấy bất kỳ bàn tay 4 hay thấp hơn.Người chơi có thể kiếm tiền bằng tiền đặt cược trước gốc, và những người đặt cược may mắn sẽ nhận được:Tiền chi:trò chơicung cấp thêm một phần thưởng khối để có cơ hội thắng thêm.Sự phát hiện dựa trên nhiều nhân tố và tay.Tiền thưởng lớn nhất, cho một khối cuối cùng, trả ra là 35-1 cho một cầu thủ nhận được hai cái thẻ lỗ cao hơn cấp của người chia bài cao;817, nhưng cả hai lá bài phải giống nhau trong cấp và bộ vest\ 812; chắc chắn không dễ dàng để được chia.Cá sẽ chi trả nhiều khác nhau với chi trả khác nhau.

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