BRIEF: Moutai shelves ice cream as hype fades
Moutai Ice Cream, once a highly sought product from China’s most famous liquor maker, has sharply cut back or even ceased production as its popularity quickly faded after recent initial…
Luckin Coffee profits get added kick from liquor-laced lattes
With a boozy new brew, the once scandal-tainted coffee chain has boosted its quarterly earnings and store numbers despite a brutal price war Key Takeaways: Luckin Coffee’s revenue and profit…
CHINA BULLETIN: More Trade Contraction
In this week’s issue exports keep falling, another new chip fund and China’s answer to Irish coffee. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.
FAST NEWS: Luckin’s operating profit surges on rapid expansion
The latest: Chinese coffee chain operator Luckin Coffee Inc. (LKNCY.US) announced Tuesday that its revenue in the second quarter jumped 88% year-on-year to 6.2 billion yuan ($870 million), while its…
CHINA BULLETIN: Top U.S. Diplomat, Banker Plot First Post-Covid China Trips
In this week’s issue Antony Blinken hopes to call on Beijing, May Day travelers return to the road, and Luckin’s disgraced co-founders return to the coffee business. On a scale of 1 to 100, we give the week a 60 for offshore-listed China stocks.
Ex-Luckin duo brew up new Cotti coffee brand after sales scandal
Charles Lu and Jenny Qian, Luckin executives who were ousted in a finance scandal, are back in the coffee business with a fast-growing chain of new stores Key Takeaways: Cotti…
FAST NEWS: Luckin Coffee Denies Hong Kong Listing Plan
The latest: Chinese coffee chain Luckin Coffee Inc. (LKNCY.US) said in a statement Monday that it is not seeking a Hong Kong listing at this time, refuting a media report…
Recent Articles
RELATED ARTICLES
-
CHINA BULLETIN: China Economy Off to Strong Start in 2024
- Mixue pours up strong growth in China’s overheated bubble tea market
-
Faded Sun Art seeks to shine again in China’s changing grocery market
6808.HK
-
DPC Dash finds savory growth in China’s underserved markets
1405.HK
-
DPC Dash bakes up hot growth in drive to more cities
1405.HK
