Weilong defies downbeat consumer market with its cheap spicy snacks
China’s leading maker of snacks typically costing less than $1 reported its revenue jumped 26% in the first half of the year, while its profit rose 39% Key Takeaways: Weilong…
Falling IPO Star: Hong Kong Tipped to Lose Top-Three Ranking Again
Hong Kong is losing some of its luster as an IPO hub, hit by market worries about soaring inflation, rising interest rates, tumbling stock prices and China’s zero-Covid policy. Some…
Weilong’s Hong Kong IPO Valuation Halved as Investors Lose Appetite
The No.1 spicy snack maker in China is poised to list after its troubled year-long application effort was finally approved on the third bite of the apple (more…)