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@FinanceShopfloor Thank you! Shake Shack had at least announced that it would reach its target of 55 stores in China by 2030. In addition, up to 40 locations are to be opened in Asia this year and up to 50 next year. I am not yet aware whether further target markets will be targeted in the following years😝 To be honest, I would answer the question regarding regulation against fast food with a yes...why? Basically, it seems questionable to me how a government can "pressurize" its own companies in order to stop further growth, which therefore also promotes the economy. I don't think that Shake Shack can grow at the "fast" pace of Tencent, for example, so I think that possible regulation is still some way off. Nevertheless, the political risk is there & it is just as difficult to imagine that an industry would remain "unscathed". What do you think about this?
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3Anno
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@FinanceShopfloor In the long term, I am also positive about the market💸 Nevertheless, it is "exciting" to see what information will come in😂 Let's see what the future brings
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