Gasping Huabao’s profits go up in smoke
The vaping device and component maker warned it will report a pre-tax loss of up to 455 million yuan last year after taking up to 1 billion yuan in one-time…
Up in smoke? Not exactly for Huabao, crown jewel of China’s ‘vaping queen’
Zhu Linyao emerged from more than a year of detention last week believed to be related to an anti-corruption campaign blowing through China’s tobacco industry Key Takeaways: Huabao’s chairman Zhu…