Illustration of a woman drinking Luckin coffee

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”?
Illustration of China stock price in a see-saw pattern

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.