Luckin ignites China-style ‘coffee war’ with fiery Moutai latte
The formerly scandal-tainted company’s shares rose 5% after its launch of a new drink co-branded with China’s most famous traditional liquor maker Key Takeaways: Luckin Coffee launched a fiery latte…
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PODCAST: China’s coffee comeback kid passes new milestone, and Miniso launches dividend policy
The unlikely comeback for scandal-tainted coffee chain Luckin marches on, as the company passed rival Starbucks in revenues for their China business. But is Luckin expanding too quickly? And low-cost retailer Miniso announces a dividend policy, saying it will return 50% or more of its profits to shareholders. Will more new economy Chinese companies follow suit as investors lose interest such stocks simply for the “China growth story”?
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CHINA BULLETIN: Mixed Messages in July PMI
In this week’s issue mixed PMI messages, a new data regulator and a coffee rebound. On a scale of 1 to 100, we give the week a 55 for offshore-listed China stocks.
Luckin continues percolating back from disgrace with breakneck expansion
The coffee chain operator opened a new store every 1.9 hours in the first quarter, boosting its revenue by 85% during the period Key Takeaways: Luckin’s revenue surged 85% in…
LKNCY.US
Luckin Comeback Percolates at Full Steam With Reported Global Expansion
Media reports say the scandal-tainted coffee chain is looking to expand into Southeast Asia as it continues to rapidly open new stores at homeKey Takeaways:Luckin is considering an expansion into…
Healthcare Overtakes New Energy as Top Category for Chinese Concept Stocks in 2022: Bamboo Works Special Report
The Year of the Tiger was a tough one for China and Chinese concept stocks, marred by frequent Covid disruptions and ongoing tensions between the U.S. and Chinese securities regulators
Cloopen: A Clean Cloud, or Still Under Stormy Skies?
Cloud services provider’s investigation confirms revenue inflation last year, while separate, but similar, investigation by retailer Miniso finds no evidence of misleading claims involving its franchise model Key Takeaways: An…
