AI flap spotlights blue-collar image holding back China’s homegrown Red Bull
Weak investor sentiment has dogged Eastroc since its Hong Kong IPO in February, even as the energy drink maker reports strong growth Key Takeaways: Eastroc lost over $1 billion in…
BRIEF: Nongfu Spring profit jumps as revenue tops 50 billion yuan
Leading bottled water brand Nongfu Spring Co. Ltd. (9633.HK) reported on Tuesday that its revenue rose 22.5% year-on-year to 52.55 billion yuan ($7.62 billion) in 2025, while its profit rose…
Chinese Coca Cola rising? A diversifying Eastroc makes second Hong Kong IPO bid
The Shenzhen-based company is rapidly developing beyond its original energy drink focus, as it continued to post strong growth in the first half of this year Key Takeaways: Eastroc has…
BRIEF: Wahaha to rebrand its drinks amid ongoing shareholder conflict
Wahaha Group, one of China’s largest beverage companies and most famous brands, has launched a campaign to gradually replace its namesake brand with the new “Wa Xiao Zong” starting from…
Can CR Beverage turn the tide after losing brutal water fight?
Less than a year after its Hong Kong IPO, the bottled water maker’s revenue tanked nearly 20% in the first half of the year amid aggressive tactics by archrival Nongfu…
BRIEF: Coconut water leader IF launches $148 million Hong Kong IPO
IFBH Ltd. (6603.HK), parent of the popular IF coconut water brand, launched its Hong Kong IPO on Friday, aiming to sell 41.7 million shares for between HK$25.30 and HK$27.80 apiece to…
NEWS WRAP: Auntea Jenny passes listing hearing, paving the way for Hong Kong IPO
The premium tea chain’s listing would be the final one in a recent string of similar IPOs that will collectively raise nearly $2 billion By Doug Young Auntea Jenny…
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AI flap spotlights blue-collar image holding back China’s homegrown Red Bull
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