Why regulating capital and serving burgers are both getting tougher in China
China's move to push out cross-border stock brokers underscores the state's desire to control capital allocation and benefit state-owned enterprises; Wendy's ambitious plan to open 1,000 stores in China faces steep hurdles due to fierce competition and an increasing consumer preference for domestic brands
Autohome skids as China’s car market slams on the brakes
The online auto pioneer still makes money by connecting car buyers and sellers, but weak demand, falling ad budgets and new competition are eroding its old advantages Key Takeaways Autohome’s…
Is Futu’s bull run nearing an end?
The brokerage’s stock has more than doubled since the start of the year, as it records strong revenue and profit growth fueled by heavy trading volumes Key Takeaways: Futu reported…
Futu squeezes growth from product, geographic diversity
The online broker’s core fee-based revenue grew 5.3% in the third quarter, as many of its customers took shelter in U.S. treasuries amid stock market turbulence Key Takeaways: Futu’s fee-based…
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