By Doug Young & Rene Vanguestaine

Luckin’s same-store sales and margins plunged in the second quarter. Will it fall into the red under the challenge from upstart rival Cotti Coffee? And China imposes export restrictions on drone components with defense applications. Will that have any impact on the West?

About China Inc

China Inc by Bamboo Works discusses the latest developments on Chinese companies listed in Hong Kong and the United States to drive informed decision-making for investors and others interested in this dynamic group of companies.

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BRIEF: Majority shareholder boosts stake in China Hongqiao

Aluminum producer China Hongqiao Group Ltd. (1378.HK) said on Monday that 21 million of its shares were purchased that day by its parent, China Hongqiao Holdings, for an average price of HK$26.464, representing a…

BRIEF: Shimai Pharma gets CSRC nod for Hong Kong IPO

Zhejiang Shimai Pharmaceutical Co. Ltd., a developer of T-cell engager (TCE) therapies, has been cleared by the China Securities Regulatory Commission (CSRC) for its overseas listing, marking an important step…