Apart from knocking Pikes.
The only knocking I hear on my bike is my knees…. 😉 The pikes are flawless!
I’m not sure how many of the top end bikes from the bargain brands OP is looking at actually get made. Focus, Canyon, Cube etc all not got the brand power of the big boys, specialized, santa cruz etc but charge a lot less.
I’m guessing that they do a limited run for their teams and people who want to buy decent spec bikes, but I think to make a decent profit they’ve got to charge more money, by which point people won’t want to buy them. So they do a few to sell through but don’t invest massively as there’s not much return. Looking at some of the canyon range you can build up some of the lower spec models for less than they charge, but I couldn’t build my strive for the same money just for the components, and that’s not even taking the frame into account. Same spec in a Heckler or Enduro is 5K+, and that’s twice what I paid and there’s no corners cut on the kit. I really don’t see how that can turn them a profit.