Consumer – FastNews

CTG Duty Free is a leader in China’s duty-free market with roughly 200 shops.

FAST NEWS: JPMorgan ups stake in CTG Duty Free

The Latest: U.S. banking giant JPMorgan purchased about 126,000 Hong Kong-listed shares of China Tourism Group (CTG) Duty Free Corp. Ltd. (1880.HK; 601888.SH) on April 10, raising its stake in the duty-free…
1880.HK 601888.SHG
361 Degrees is one of China’s top four sportswear brands, alongside Li Ning (2331.HK), Anta (2020.HK) and Xtep (1368.HK), and focuses on smaller second- and third-tier cities that tend to be less profitable than major urban centers.

FAST NEWS: Growth slows for 361 Degrees’ kids products

The latest: Sportswear retailer 361 Degrees International Ltd. (1361.HK) announced that retail sales for its core brand grew by a “high-teens” percentage in this year’s first quarter year-on-year, according to a business update…
1361.HK
Autonomous aerial vehicle (AAV) maker EHang Holdings announced Sunday its passenger-carrying unmanned aerial vehicle (UAV) has obtained a production certificate from the Civil Aviation Administration of China (CAAC).

FAST NEWS: EHang’s aerial vehicle approved for production

The latest: Autonomous aerial vehicle (AAV) maker EHang Holdings Ltd. (EH.US) announced Sunday its passenger-carrying unmanned aerial vehicle (UAV) has obtained a production certificate from the Civil Aviation Administration of China (CAAC), following…
EH.US

NEWS WRAP: Nayuki pours up first annual profit

The premium tea chain aims to expand through franchising to boost its growth amid intense competition  By Teri Yu  Premium tea seller Nayuki Holdings Ltd. (2150.HK) on Wednesday reported its first annual profit since…
2150.HK

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