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Beauty market aglow: young Chinese splurge on self-care, Fosun-backed firm says (www.scmp.com)

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Young Chinese consumers, including a growing number of men, are splurging on aesthetic medical treatments for physical, emotional and social wellness, according to the CEO of Fosun Pharma‑backed Sisram Medical and its subsidiary Alma, who says Asia’s relatively low penetration offers greater growth potential than North America. “It is a global trend that younger generations, including those [in mainland China] and Hong Kong, are turning to energy-based aesthetic treatments such as lasers as a...

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