Luckin grows at record low pace as same-store sales decline
Luckin Coffee Inc. (LKNCY.US) on Monday reported its slowest revenue growth since its major accounting scandal in 2020, as it recorded a second consecutive quarter of same-store sales declines and…
Macao July gaming revenue tops 20 billion patacas in post-World Cup rebound
Macao's Gaming Inspection and Coordination Bureau announced on Sunday that gross gaming revenue for July fell 8.4% year-over-year to 20.26 billion Macao patacas ($2.52 billion). While the latest figure was…
ATRenew launches globalization with B2B marketplace, consumer brand, and Hong Kong store
Recycler ATRenew Inc. (RERE.US) on Tuesday opened its first store in Hong Kong and launched FoneSquare, a global B2B marketplace, and B2C consumer-facing “ReRe” brand, taking its first steps outside…
Bud APAC’s first-half profit up, but China recovery lags
Brewer Budweiser Brewing Co. APAC Ltd. (1876.HK) announced on Thursday that its profit rose 15.6% year-on-year to $473 million in the first half of 2026, while its normalized profit increased…
BAIC Motor posts massive loss amid fierce competition
Automaker BAIC Motor Corp. Ltd. (1958.HK) on Tuesday warned it expects to report a loss of 1.55 billion yuan ($229 million) to 1.65 billion yuan for the first half of…
Autohome launches $400 million share repurchase program
Auto trading services provider Autohome Inc. (ATHM.US; 2518.HK) on Tuesday announced its board has authorized a new $400 million share repurchase program to support the company’s stock. The program took…
Dekon plans $100 million zero-coupon convertible bond issue
Hog farmer Dekon Food and Agriculture Group (2419.HK) said on Sunday it plans to issue $100 million in zero-coupon convertible bonds due in August 2027. The initial conversion price is…
