China Growth Stocks

[GorillaGorilla]

SOKF - Net margins are in the 40% ish. Normally, businesses with such high margins come under pressure from competition. Can SOKF defend the margins?

I'm guess though with beauty sales, hmm how should I say, women aren't that price sensitive? The non medical spa also is licensed and they commented in the last CC that access to licenses might be restricted

Just reading up about the company in case it's a blue light day for SOKF...

rich