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Likes ReceivedThe number of pets in China has exceeded the total number of children under 4 years old for the first time. We remain bearish on China's discretionary consumption, but it's not advisable to be bullish on pet-related stocks. The differentiation of such targets is limited, their quality is generally mediocre, and growth is completely unpredictable. $CHINA PET FOODS(002891.SZ)
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