bullish
Perfect Medical - 1830 HK - Beauty Is Money
SUMMARY
- The beauty industry is typically characterized as a small-scale, relationship-driven business.
- Barrier to entry is low, but a few groups have successfully tapped the capital market and achieved a certain scale in order to provide delicate medical beauty treatments, where trust by the customers is essential.
- They have harnessed the societal obsession with a particular standard of beauty, amplified by the influence of social media and advertisements, and have reaped substantial profits.
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