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…
Shangri-la finds new life in tourism industry rebound
The high-end hotel operator ended three years of losses with a return to profits last year, buoyed by a post-pandemic rebound in global travel Key Takeaways: Shangri-la earned a profit…
Keep Inc. sprints towards profits as investors remain wary
China’s leading fitness app operator returned to revenue growth in the second half of last year, as it adjusted to a post-pandemic return to outdoor-related activities Key Takeaways: Keep Inc.’s…
So-Young dolls up with pivot to high-end services
The cosmetic services social media platform is developing its own clinics as well as a premium platform for high-end users Key Takeaways: So-Young reported an annual profit last year, reversing…