RLX puffs out signs of new life, as investors remain wary
China’s leading vaping company said its revenue nearly tripled in the first quarter, though the figure remains well below levels from before a 2021 regulatory clampdown Key Takeaways: RLX’s revenue…
Slump from post-Covid high leaves Budweiser APAC with earnings hangover
The premium beer company has struggled to maintain its post-pandemic sales pace in a fiercely competitive market, but major sporting events later this year could boost demand Key Takeaways: Budweiser…
Soft International seeks to soak up IPO funds using diapers sent to Russia, with love
The disposable diaper maker exports a majority of its products, selling more to Russia than it does in its home China market Key Takeaways: Soft International has filed for a…
Dingdong rings back to revenue growth, posts quarterly net profit
China’s leading online grocer’s return to growth in the first quarter follows an overhaul that saw it withdraw from smaller markets to focus on larger cities Key Takeaways: Dingdong’s revenue…
Hong Kong’s Café de Coral takes go-slow approach to Mainland dining market
The fast-food chain said its profit doubled in its latest fiscal year, as it makes strong progress in China’s Pearl Delta region, also known as the Greater Bay Area Key…
Are pricey warrants powering Lotus Technology’s rally?
Shares of the EV arm of Britain’s luxury Lotus brand have jumped more than 40% over the last two weeks, but are still sharply down from their trading debut in…
Midea aims to score Hong Kong IPO to boost global profile
The leading Chinese maker of home appliances has been expanding overseas and actively promoting its brand Key Takeaways: The Midea Group failed in its first Hong Kong IPO attempt last…