Can pillow sales prop up Atour’s soft stock?

Can pillow sales prop up Atour’s soft stock?

Investors were unimpressed by the hotel operator’s strong first-quarter profit growth, reflecting continued caution about the company's prospects Key Takeaways: Atour’s first-quarter profit surged more than 14-fold to nearly 260…
Illustration of the coming back Chinese Yuan, Renminbi

CHINA BULLETIN: Yuan on the Comeback Trail

In this week’s issue the yuan bounces back, a lifeline for developers and a livestreamer confirms its CEO’s arrest. On a scale of 1 to 100, we give the week…
GreenTree has purchased the Daniang and Bellagio restaurant chains

GreenTree attracts investors with new green shoots

The hotel operator returned to strong growth in the first quarter, as it closed its purchase of two restaurant chains with strong potential as a new revenue source Key Takeaways:…