Autostreets in the driver’s seat as China gets set for used car trading boom
The country’s leading used car trader has passed its listing hearing in Hong Kong, positioning it to complete its IPO in the coming months Key Takeaways: Autostreets is reportedly aiming…
Faded Sun Art seeks to shine again in China’s changing grocery market
The former hypermarket superstar warned it fell into the red last year, as online grocers continued to eat its lunch Key Takeaways: Sun Art lost 1.7 billion yuan in its…
Nayuki tweaks franchising model as competitors serve up rival listings
The premium tea seller had 205 franchised stores in its network at the end of March, following its decision last year to diversify beyond self-operated stores Key Takeaways: Nayuki’s new…
After big landlord concessions, CTG Duty-Free dogged by weak spending
The duty-free store operator’s financial performance rebounded last year, but lackluster results in the first quarter of 2024 may reflect growing consumer caution Key Takeaways: CTG Duty Free’s first-quarter profit…
Is Niu Technologies ready to charge ahead again?
The electric scooter maker reported a sharp upturn in its first quarter sales volume, reversing weak growth throughout last year Key Takeaways: Niu Technologies said its unit sales at home…
Guoquan Food boosts efficiency. But is that enough for growth-hungry investors?
The hotpot ingredient supplier profited on the home dining craze during the pandemic, but now it’s struggling to adapt as consumers return to more eating out Key Takeaways: Guoquan Food's…
Investors lap up China Feihe despite declining profits and revenue
The premium infant formula maker is taking a hit from China’s low birth rate, but investors may like its dividends and transition to other dairy products Key Takeaways: China Feihe…