FAST NEWS: Nayuki’s Same-store Order Back To Normal, Actively Expanding Smaller Teahouses

The latest: Chinese premium tea chain group Nayuki Holdings Ltd. (2150.HK) said last Friday that same-store order volume in June this year returned to the same level as year earlier, with Covid-19 coming under control in first-tier cities from mid-to-late May and due to its own aggressive marketing campaign.   Looking up: Also in its second-quarter results, the company said that, as of the end of June, the number of its regular “Nayuki teahouses” decreased by 30 to 410 quarter-on-quarter, but the number of smaller “PRO teahouses” increased by 80 to 494. Take…

Read More »

Barley Files for Hong Kong IPO as China’s Hair Transplant Industry Booms

Barley Hair Transplant is poised to become the second Chinese hair transplant company to list in Hong Kong after the IPO of Yonghe Medical Group Key takeaways: Barley Hair faces stiff competition in a mushrooming industry in China, with growing regulations and new rivals Overcrowded in the sector has caused gross margins to fall due to massive advertising and branding costs By Ellie Si Barley Hair Transplant Medical (Shenzhen) Group Co. Ltd. has filed for an IPO in Hong Kong at a time when China’s Gen Z is fueling growth…

Read More »

Daqo New Energy Sees Strong First-Half Profit, Continued Rising Polysilicon Prices

Producer of the main ingredient used to make solar panels forecasts the profit for its China-listed subsidiary roses 340% in the first half of the year Key Takeaways: Daqo New Energy said the profit for its China-listed unit rose about 340% in the first half of the year, slowing from the 389% growth in the first quarter The company forecast polysilicon prices will continue to rise in the near-term, reversing a previous weakening from record levels at the start of the year By Doug Young When is a 340% profit…

Read More »