BRIEF: GAC-Stellantis joint venture officially declared bankrupt
Guangzhou Automobile Group Co. Ltd. (2238.HK; 601238.SH) and Stellantis (STLA.US), the world’s fourth-largest automaker, on Tuesday said court overseeing the liquidation of their joint venture, GAC Fiat Chrysler Automobiles Co.…
BRIEF: Luckin launches in U.S. without signature budget pricing
Chinese coffee chain Luckin Coffee (LKNCY.US) has officially entered the U.S. with the June 30 opening its first two stores in Manhattan, New York, marking a significant step in its…
BRIEF: Anta to open first U.S. store in Beverly Hills
Leading sportswear maker Anta Sports Products Ltd. (2020.HK) is preparing to enter the U.S. market with a store in Los Angeles, extending its expansion outside China. The store is still…
BRIEF: Tam Jai privatization overwhelmingly approved by shareholders
Hong Kong rice noodle chain Tam Jai International Co. Ltd. (2217.HK) announcedon Monday that its privatization plan was approved by an overwhelming majority of its shareholders. Following that development, the…
BRIEF: IFBH surges in Hong Kong trading debut
Shares of popular coconut water brand parent IFBH Ltd. (6603.HK) jumped in their Hong Kong trading debut on Monday, opening up 58% and holding on to most of the gains to…
BRIEF: Winterwear leader Bosideng’s annual profit rises 14%
Winterwear brand Bosideng International Holdings Ltd. (3998.HK) reported Thursday that its revenue climbed 11.6% to 25.9 billion yuan ($3.61 billion) for its fiscal year through March, while its net profit…
BRIEF: Zhou Liu Fu rises in Hong Kong trading debut
Shares of jeweler Zhou Liu Fu Jewellery Co. Ltd. (6168.HK) rose in their Hong Kong trading debut on Thursday, opening up 11% and continuing to rise during the morning session to…
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