这是我 2018 年到 2022 年朋友圈的整理，也是我这几年对反思的零碎反思。 1、 "小成需要朋友，大成需要对手。"-解放军语录 2、早上看见《道德经》这段，大概意思就是，器物真正发生作用的不是本身"有"的部分，是中间"空"和"无"的那部分。 "三十幅共一毂，当其无，有车之用。埏埴以为器，当其无，有器之用。凿户牖以为室，当其无，有室之用。故有之以为利，无 之以为用。" 3、黄峥说，"要把对成就一个无限完美的自己的兴趣，转移为对外部客观事物的兴趣。" 4、错误的正反馈："人生最不幸处，是偶一失言而祸不及；偶一失谋而事幸成；偶一恣行而获小利；后乃视为故常，而恬不为意，则莫大之 患，由此生矣。" 5、穷人的快乐是花钱，富人的快乐是省钱。 6、看见一个人的朋友圈签名是"顺大势，逆小势"。 7、去朋友家玩，还没进门，看见大门上贴着一个便条 "Those doors we open and close each day decide the lives we live". 现在他们要合租找室友了，合租公告里最后一段写着 "And those who were seen dancing were thought to ...

Group 1 - The Ministry of Human Resources and Social Security has announced three new scenarios for receiving personal pensions, effective from September 1 [2][3] - The new scenarios include: medical expenses exceeding the average disposable income of residents in the province within the last 12 months, receiving unemployment insurance for 12 months within the last two years, and currently receiving minimum living security [2][3] Group 2 - Xiaomi has stated it will not participate in the automotive price war, focusing instead on vehicle deliveries, with significant reductions in operating losses expected [7] - Apple has expanded its iPhone production in India, with all four iPhone 17 models now being manufactured there, aiming to reduce reliance on third-party supply chains [5] - Starbucks plans to raise salaries for all salaried employees in North America by 2%, marking a shift from previous practices where raises were determined by managers [5] Group 3 - The chairman of Yara International has been arrested for embezzlement and abuse of power, although the company’s operations remain normal [8] - Nexstar has agreed to acquire Tegna for $3.5 billion in cash, which will significantly increase its coverage of U.S. households [14] - South Korea's automotive exports increased by 8.8% year-on-year in July, driven by a surge in exports to Europe [14] Group 4 - Xiaomi reported a revenue of 116 billion yuan for Q2 2025, a year-on-year increase of 30.5%, with net profit rising by 75.4% [18] - Pinduoduo's revenue for the first half of 2025 reached 138.8 billion yuan, a 204.4% increase year-on-year, with significant growth across various regions [19] - XPeng Motors reported a revenue of 182.7 billion yuan for Q2 2025, a 125.3% increase year-on-year, with vehicle deliveries rising by 241.6% [20] Group 5 - China’s Hainan province has optimized the method for calculating the "cumulative residence of 183 days" for personal income tax preferential policies [13] - The Danish jewelry brand Pandora plans to close 100 stores in China this year, doubling its initial plan [12] - Kodak has denied reports of ceasing operations or filing for bankruptcy, asserting confidence in its financial recovery [12]

Group 1: Trade Tensions and Economic Impact - Trade tensions have cast a shadow over the Indian industry, with the U.S. imposing a total of 50% tariffs on Indian goods, marking the highest tariff rate on a trading partner [1][4] - The latest data shows India's trade deficit widened to $27.35 billion in July, the highest in eight months, with imports growing faster than exports [4] - The potential impact of U.S. tariffs could lead to a 60% drop in India's exports to the U.S., dragging down GDP by approximately 1 percentage point [4] Group 2: Modi's Vision for "New India" - Prime Minister Modi, in his 103-minute Independence Day speech, emphasized the vision of a "self-reliant India," aiming to reduce dependence on imports and promote local manufacturing [1][5] - The "Make in India" initiative, launched in 2014, aims to increase the manufacturing sector's contribution to GDP to 25% by 2025, positioning India as a global manufacturing hub [6] - Modi's government is committed to not sacrificing farmers' interests for trade agreements, highlighting agriculture and industry as core national strategies [5][6] Group 3: Negotiation Stalemate - The core issues in U.S.-India negotiations revolve around U.S. demands for India to open its agricultural and dairy markets, which the Indian government has deemed a "red line" [2] - India relies on energy imports for 9% of its GDP, with over 30% of its energy supply coming from Russian oil, complicating U.S. demands to sever ties with Russia [2] - Indian officials argue that it is unfair for the U.S. and EU to continue purchasing Russian goods while penalizing India [2] Group 4: Domestic Response and Resistance - There is a growing wave of resistance against U.S. products in India, with brands like Apple and Starbucks becoming targets of boycotts [1][6] - The "local awakening forum," linked to the ruling party, is promoting the use of domestic brands over American ones, reflecting a significant grassroots movement [6] - Social media campaigns are amplifying the message of self-reliance, with calls to replace foreign products with local alternatives [6]

Group 1: Company Overview - Häagen-Dazs' parent company, General Mills, is considering selling its ice cream stores in China, with potential transaction amounts between $500 million to $800 million [1] - Starbucks China is also evaluating over 20 interested institutions for a potential sale, while retaining a 30% stake in the business [1] - Both companies are facing significant challenges in maintaining their brand positioning and growth in the Chinese market [2][20] Group 2: Market Positioning and Strategy - Häagen-Dazs entered the Chinese market in 1996 with a high-end positioning, targeting affluent urban consumers [2][3] - The brand's premium pricing strategy, with ice cream priced at 25 yuan during a time when average monthly wages were around 500 yuan, aligned with its luxury image [3] - Starbucks adopted a similar strategy, initially entering through joint ventures and later transitioning to direct control of its stores in China [8][9] Group 3: Financial Performance and Challenges - Häagen-Dazs experienced rapid growth in China from 2006 to 2015, with annual sales growth rates around 23% [5] - However, by 2023, Häagen-Dazs began closing stores, with over 60 closures reported in 2024, reducing its total to approximately 250 stores [16][20] - Starbucks has also faced declining same-store sales for five consecutive quarters, with a market share drop from 42% in 2017 to an estimated 14% by 2024 [11][28] Group 4: Competitive Landscape - The rise of new tea brands and coffee competitors like Luckin Coffee has significantly impacted both Häagen-Dazs and Starbucks, leading to price wars and market share erosion [9][11] - Häagen-Dazs has started to pivot towards retail and e-commerce channels, while Starbucks is focusing on expanding into lower-tier cities [10][12][13] - The high fixed costs associated with their premium positioning have exposed structural weaknesses for both brands, leading to a search for external capital to alleviate current crises [20][21] Group 5: Future Outlook - The Chinese ice cream market is projected to reach 183.5 billion yuan in 2024, with new players entering the high-end segment [23] - Starbucks is exploring partnerships with major investment firms to enhance its market presence and supply chain in China [28] - Both Häagen-Dazs and Starbucks are navigating a challenging landscape, seeking to adapt their strategies to maintain relevance and profitability in a rapidly changing market [20][28]

Core Viewpoint - Starbucks is facing a significant identity crisis in China, struggling to compete against local brands and adapt to changing consumer preferences while considering a strategic partnership for its operations in the region [1][2][4]. Group 1: Market Challenges - Starbucks has over 7,800 stores in China but is losing ground to local competitors like Luckin Coffee, which offers products at one-third of Starbucks' prices [1][2]. - The company is experiencing a decline in consumer willingness to pay premium prices, leading to a drop in average spending by 4% despite a 6% increase in customer traffic [4][5]. - The competitive landscape is shifting, with cost-conscious consumers opting for cheaper alternatives, which could lead to a detrimental price war if Starbucks pursues a price-cutting strategy [2][3]. Group 2: Strategic Responses - The new CEO, Molly Liu, has initiated several changes, including introducing lower-priced tea products and collaborating with popular brands to enhance consumer engagement [3][5]. - Starbucks is exploring various store formats and experiences, such as pet-friendly locations and study rooms, to attract customers [5][6]. - The company is seeking a strategic partner for its China operations while aiming to retain some equity, indicating a desire for collaboration that aligns with its brand values [4][5]. Group 3: Financial Performance - In the second quarter, same-store sales in China grew by 2%, but operational profit margins decreased significantly due to rising store operating costs, which increased by 13.5% [4][5]. - The company anticipates an additional $500 million in labor costs over the next year, further impacting profitability [5].

Core Insights - The article discusses a video contest themed around "business warfare," showcasing unconventional approaches to storytelling in the commercial world [1] Group 1: Contest Overview - The contest invited creators to submit videos focusing on various aspects of business competition, with an emphasis on unique narratives rather than traditional brand or price wars [1] - Five standout videos were selected based on metrics such as views and interactions, highlighting innovative takes on business conflicts [1] Group 2: Featured Videos - Video 1: "Behind the Scenes of Wahaha's Inheritance Battle" by "Self-Talking CEO," praised for its detailed exploration of a controversial topic, engaging viewers for 30 minutes [2] - Video 2: "Why Did Dumpling King 'Yuanji Yunjiao' Fail?" by "Big Eye Theory," addressing food safety concerns that resonate with consumers [4] - Video 3: "Government Intervention in Food Delivery Wars: What’s Next for the Single Economy?" by "Xijing Comrade," which garnered nearly 2 million views and over 8,000 comments, reflecting the interests of young singles [6] - Video 4: "Discussing the Power Games of Hong Kong's 'Four Families' Starting from 'Nezha 2'" by "Canned Fish Ball," noted for its engaging narrative style [8] - Video 5: "Starbucks Should Pay You Instead of the Other Way Around" by "Half Buddha," recognized for its humorous and thought-provoking content [12] Group 3: Conclusion - The article emphasizes that business conflicts can occur in various settings beyond traditional corporate environments, illustrating the diverse nature of commercial competition [12] - The contest encourages further participation from creators, inviting them to share their unique perspectives on business themes [13]

Group 1 - The core argument is that Starbucks is not merely a coffee brand but a lifestyle brand, which differentiates it from competitors like Luckin Coffee [3][11][20] - Starbucks' founder Howard Schultz emphasizes that the company's competition is more aligned with social spaces like bookstores and tea houses rather than just coffee brands [4][11] - The media narrative of Starbucks being defeated by Luckin Coffee and forced to sell is a misinterpretation; the focus should be on how to adapt and continue operations [5][10] Group 2 - Starbucks has made three strategic errors in the Chinese market, which include mispricing products, failing to adapt to market changes, and losing insight into its target customers [24][39][52] - The first strategic error was not recognizing the importance of pricing in relation to the experience offered, leading to a misalignment with consumer expectations [22][23][24] - The second error involved ignoring the changing market environment and continuing aggressive expansion without adapting to new consumer behaviors [38][40][41] Group 3 - The third strategic error is a lack of understanding of the target customer base, as Starbucks has focused on expansion rather than providing exceptional service tailored to its clientele [52][56][57] - The company has shifted its focus to lower-tier markets without a clear strategy on how to cater to different consumer segments, which may dilute its brand identity [46][50][52] - Starbucks' initial success in China was due to favorable market conditions, but as those conditions have changed, the company faces significant challenges ahead [60]

Core Viewpoint - The article emphasizes the importance of night economy as a key driver for urban consumption growth, particularly in Shanghai, which is leading the way with various initiatives and support measures to enhance nighttime activities and consumer engagement [2][3]. Summary by Sections Night Economy Initiatives - Shanghai's night economy is projected to see 4.03 million active nighttime trips in 2024, with 75% of the city illuminated at night and 264,900 night movies screened [2]. - The "Exciting Night Shanghai" series was launched in late July, introducing 10 new support measures to enhance the night economy, including the establishment of popular night economy landmarks [2][8]. Role of Businesses and Market Adaptation - Businesses are actively innovating and adapting to the night economy, with examples like the Universal Port extending operating hours and introducing special nighttime events, resulting in over 15% growth in nighttime customer traffic and sales [5][7]. - The article highlights the collaborative efforts between businesses and the government to create a vibrant night economy ecosystem, with businesses taking the lead in innovation [3][7]. Leadership in Night Economy - Newly appointed CEOs for night economy landmarks are tasked with enhancing nighttime consumer activities, introducing new business models, and fostering a collaborative environment among various sectors [5][11]. - The responsibilities of these CEOs include promoting local cuisine, establishing merchant self-governance, and facilitating communication between government and businesses [11][12]. New Measures and Regulations - The new measures include optimizing outdoor seating arrangements, enhancing nighttime safety, and improving the quality of nighttime lighting to create a more inviting atmosphere for consumers [9][17]. - The government aims to encourage businesses to operate until midnight or later, expanding the variety of nighttime offerings [8][9]. Economic Impact and Consumer Behavior - The night economy is expected to significantly boost consumer spending, with Shanghai's nighttime consumption totaling 88.01 billion yuan, reflecting a 3.3% year-on-year increase [16]. - The article notes that the revival of tourism and the introduction of new consumer experiences are driving growth in nighttime activities, with a notable increase in foreign and young visitors [13][16]. Challenges and Future Directions - While the night economy presents opportunities, it is noted that not all retail sectors may benefit equally, with food and beverage industries being more suited for nighttime operations [14]. - The article suggests that continuous innovation and adaptation to consumer preferences will be crucial for the sustained growth of the night economy in Shanghai [15].

Group 1: Convertible Bonds Market - As of August 5, 71 convertible bonds have been delisted this year, with 51 due to redemption, leading to a total decline in convertible bond inventory by 80.564 billion yuan to 653.058 billion yuan [1] - Analysts suggest that the recovery of the equity market and the decline in new financing costs have accelerated the strong redemption and delisting of convertible bonds, exacerbating the supply-demand imbalance in the market [1] Group 2: Capital Market Regulation - Regulatory authorities are intensifying penalties against third parties involved in capital market fraud, focusing on those providing substantial fraudulent services to listed companies [1] - The China Securities Regulatory Commission (CSRC) is seeking to amend laws to clarify its authority to impose administrative penalties on these fraudulent third parties [1] Group 3: Robotics Industry - Major players in the humanoid robot sector have recently secured significant contracts, with total budgets reaching 124 million yuan for various projects [2] - The primary application areas for these robots include performance interpretation and exhibition guidance, indicating a trend towards interactive service fields [2] Group 4: Pet Industry - The pet industry in China is experiencing rapid growth, with leading companies like Zhongchong Co. reporting explosive growth in their main food business [3] - The industry is transitioning from basic supplies to high-end products and services, benefiting from increased pet ownership among younger demographics [3] Group 5: Education Policy - The Ministry of Education announced that in 2024, there will be 253,300 kindergartens with 35.839 million children enrolled, with the new policy expected to benefit over 10 million children [4] Group 6: Rare Earth Industry - A new intelligent demonstration line for rare earth disc motors has been established in Baotou, Inner Mongolia, marking a significant advancement in high-end rare earth permanent magnet motor development [4] Group 7: Starbucks China - Starbucks is reportedly in discussions to sell 70% of its China operations, with a valuation of up to 10 billion USD for the stake [4] Group 8: Company Transactions - Baifuk Holdings announced the sale of 1.71% of a target company's shares for 48 million yuan, reducing its stake from 17.16% to 15.46% [4] - Yonghe Intelligent Control is undergoing a change in controlling shareholder, with a transfer of 8% of shares to Hangzhou Runfeng [4] Group 9: Stock Market Performance - U.S. stock indices fell, with the Dow down 0.14%, S&P 500 down 0.49%, and Nasdaq down 0.65%, amid concerns over inflation and economic stagnation [9] - Major tech stocks led the decline, while small-cap stocks showed resilience with a 0.6% increase [9]

Core Viewpoint - Goldman Sachs is preparing to acquire ice cream manufacturer Froneri for an estimated €15 billion (approximately ¥120 billion), with the deal potentially signed as early as September this year [1] Company Overview - Häagen-Dazs, founded in 1961, was created by Reuben Mattus, who aimed to produce high-quality, all-natural ice cream, targeting upscale markets [2] - The brand quickly gained popularity and expanded, opening its first store in Brooklyn in 1973, positioning itself as a luxury product priced five times higher than regular ice cream [2] Ownership Changes - Since the 1980s, Häagen-Dazs has undergone multiple ownership changes, starting with Pillsbury's acquisition for $70 million in 1983 [3] - Subsequent ownership included Diageo and General Mills, with Nestlé acquiring U.S. operations in 2002 and later forming Froneri in 2016 with PAI Partners [3][4] Current Market Challenges - Häagen-Dazs is facing significant challenges in the Chinese market, with a reduction in store numbers from over 400 at its peak to 263 currently [6] - The brand's sales are declining due to increased competition from local brands and changing consumer preferences, leading to a drop in customer traffic and profitability [7][8] Strategic Moves - General Mills is reportedly planning to sell Häagen-Dazs' operations in China, with potential buyers needing authorization and the deal estimated between $500 million to $800 million [6] - The decision to sell is part of a broader strategy to divest low-margin assets, as seen in previous sales like the Yoplait yogurt business in China [8] Industry Trends - The current environment has seen a surge in consumer brand acquisitions, with notable companies like Starbucks and Decathlon also exploring sales of their Chinese operations due to intensified competition [10][14] - The trend reflects a shift from "heavy asset" to "light asset" strategies among multinational companies in response to market pressures [10][14]