H World had profit plunge for under-performed overseas hotels business

Overseas losses put wrinkle in H World’s welcome mat

The hotel operator’s overseas revenue grew last year, but its widening losses sharply dragged down the company's overall profit Key Takeaways: H World reported its profit dropped nearly 27% in…
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…