Restaurant operator Jiumaojiu announced Thursday that it expects to report its net profit rose more than 800% to 450 million yuan or higher last year.

FAST NEWS: Jiumaojiu forecasts eightfold profit jump

The latest: Restaurant operator Jiumaojiu International Holdings Ltd. (9922.HK) announced Thursday that it expects to report its net profit rose more than 800% to 450 million yuan ($62.5 million) or higher last year.…
Lanvin revenue grows 1% in 2023

NEWS WRAP: Lanvin business stagnates in 2023

The unit of Chinese conglomerate Fosun reported its revenue rose just 1% last year as the global luxury goods market stalled    By Teri Yu Luxury fashion brand operator Lanvin…
China’s leading online travel agent Trip.com on Thursday reported its net profit soared more than six-fold to 9.92 billion yuan last year, mainly due to strong post-pandemic demand for travel in both China and internationally.

FAST NEWS: Trip.com annual profit soars on travel rebound

The latest: China’s leading online travel agent Trip.com Group Ltd. (9961.HK; TCOM.US) on Thursday reported its net profit soared more than six-fold to 9.92 billion yuan ($1.38 billion) last year,…
Venus Medtech shares remain suspended

Venus Medtech still seeking cure for governance problems

The transcatheter maker’s shares were suspended last November, and it must still meet several conditions from the Hong Kong Stock Exchange before trading can resume Key Takeways: Venus Medtech disclosed…