Zhou Hongyi posted on Weibo stating: There are six types of businesses that should never be touched, as these projects are not only difficult to make a profit from but may also cause harm. 1 Businesses that are built on high leverage and overdraw from the future 2 Businesses that exchange future high risks for immediate benefits 3 Industries with particularly low entry barriers 4 Industries that are highly cyclical (such as finance, real estate, mining, shipping, etc.) 5 Businesses with excessively low gross margin 6 Businesses that lack the ability to generate cash flow.
周鸿祎称六种生意打死不能碰
Zhou Hongyi claims there are six types of businesses that should never be touched.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
