Its stock eviscerated, Keep faces difficult road back to fiscal fitness
The fitness company’s online paid revenue plummeted in the first half of this year, as it increasingly relies on growing sales of branded fitness products Key Takeaways: Keep Inc.’s revenue…
Gushengtang steps up TCM buying spree, doubling down in Beijing
The healthcare company has announced five acquisitions in the past two weeks to shore up growth and fend off competition in the traditional Chinese medicine market Key Takeaways: Gushengtang is…
Tong Ren Tang kicks off IPO leveraging time-honored medicinal brand to offer healthcare
One of China’s oldest medical names has applied to list its Tong Ren Tang Healthcare Investment unit, which is building an integrated healthcare system Key Takeaways: Top-rated non-public traditional Chinese…
What 1.4 billion consumers? Mannings China exit extends foreign retail exodus
The withdrawal by Hong Kong’s largest health and beauty chain comes as parent DFI trims its money-losing assets, and follows a similar departure this year by peer Sa Sa International…
TCMTech fuses old with the new by mixing AI and Chinese medicine
China’s biggest provider of AI-empowered healthcare services using traditional Chinese medicine has filed for a Hong Kong IPO Key Takeaways: TCMTech has filed to list in Hong Kong, reporting its…
BRIEF: Herbs Generation surges in Hong Kong trading debut
Shares of health and beauty products manufacturer Herbs Generation Group Holdings Ltd. (2593.HK) surged in their Hong Kong trading debut on Thursday, opening 25% above their IPO price of HK$3.75.…
FAST NEWS: Yan Palace profit tumbles in first half of the year
The Latest: Xiamen Yan Palace Bird’s Nest Industry Co. Ltd. (1497.HK), operator of China’s largest bird’s nest products brand, warned on Tuesday that its net profit for the first half of the…
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