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We draft 12 stocks for the next 12 months

Equity Mates Investing Podcast

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China Tourism Group - I Hate Their Tickets

40% of global duty-free shopping is done by Chinese tourists. Luxury goods are meaningfully cheaper at these duty-free shops than in mainland China. As Chinese consumers get wealthier, as they are able to travel more, they're able to get this stuff cheaper than they can at home. Net profit growth, 33% in 2020, 23% in 2021.

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