IPO
Its IPO finally approved, Yan Palace flies towards uncertain future
China’s top “bird’s nest stock” faces ongoing challenges from high marketing costs and concerns over product efficacy as it nears the finish line in a long Hong Kong listing journey…
DDC Enterprise IPO fails to whet investor appetites on Wall Street
After a failed attempt at a SPAC listing a year ago, shares of cooking content and prepared foods maker DayDayCook plummeted in their New York trading debut Key Takeaways: Shares…
DDC.US
Mixue Bingcheng brews up success with age-old formula: low prices
The leading ice-cream and tea chain is preparing to open its first store in Hong Kong, boosting its image locally as it reportedly gets set to list in the city…
2150.HK
Consumer
Makeover complete? Yatsen says the worst may be behind it
The cosmetics and skincare company said it will boost its share repurchase plan, seeking to prop up its shares after it reported its revenue fell in the third quarter Key…
YSG.US
Cango shifts gears with merger of platforms, focus on inventory risk control
The company said it will combine its new and used car services into a single platform, as a growing number of dealers engage in both businesses Key Takeaways: Cango will…
CANG.US
ATRenew chases new growth with refurbishment, new Apple partnership
The recycling specialist said its sales of refurbished products more than doubled in the third quarter, as it ramps up business under its new recycling partnership with Apple Key Takeaways:…
RERE.US
Xiaomi’s strong results overshadowed by falling prices
The smartphone maker’s third-quarter profit beat expectations, but its average smartphone price fell below 1,000 yuan for the first time in nearly four years Key Takeaways: Xiaomi’s smartphone shipments rose…
1810.HK
