Down 28% and 42% on Tmall/Taobao, page-53

There is absolutely no BAL stage 3 to be found. Company must be making as many stage 3 formula as their factory can handle and it is sold out instantaneously. That would mean demand for Stage 3 is significantly greater than last year while stage 1 is softer and stage 2 maybe about the same. So I don't think earnings will fall off the cliff that the shorts are expecting. Though they should do what A2M is doing and release a stage 4 in my opinion.