BRIEF: SJM to buy commercial building in Hengqin for $75 million
Casino operator SJM Holdings Ltd. (0880.HK) announced on Wednesday that it has agreed to buy a nine-story office building in Zhuhai’s Hengqin district from Shun Tak (0242.HK) for 546 million…
BRIEF: Atour posts strong revenue, profit gains as travel rebound slows
Hotel operator Atour Lifestyle Holdings Ltd. (ATAT.US) reported on Tuesday its revenue rose 47% year-on-year to 1.9 billion yuan ($262 million) in the third quarter, driven by strong growth for…
Huoli rides China travel boom to Hong Kong IPO
One of China’s leading mobility platforms plans to take its transport booking apps to the rest of Asia Key Takeaways: Huoli has filed to list in Hong Kong, reporting its…
BRIEF：Trip.com profit leaps on travel rebound
Online travel agent Trip.com Group Ltd. (9961.HK, TCOM.US) reported its net profit jumped by five times year-on-year to 3.83 billion yuan ($5.38 million) in the second quarter, while its revenue…
Tongcheng slows spending as budget travel frenzy fades
The online travel agent has scrapped a major planned acquisition as it faces a slowdown from a sluggish economy, stagnating outbound tourism and backlash over its ease of refunds Key…
GreenTree hit by travel slowdown, restaurant overhaul
The budget hotel operator’s revenue fell 7.1% in the first quarter, as gains for its core hotel business were wiped out by an overhaul for its newer restaurant operation Key…
Xiaocaiyuan wants bigger slice of Chinese cuisine market
The ambitious restaurant chain with roots in Anhui province has filed for a Hong Kong IPO to fund its expansion plans, hoping to tempt investors with its strong revenue growth…
Recent Articles
BRIEF: SJM to buy commercial building in Hengqin for $75 million
0880.HK
0242.HK
BRIEF：Trip.com profit leaps on travel rebound
9961.HK
TCOM.US
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