Consumer - Bamboo Works - China stock insights for global investors https://thebambooworks.com/category/consumer/ China stock insights for global investors Mon, 20 May 2024 06:03:54 +0000 en-GB hourly 1 https://wordpress.org/?v=6.1.1 https://thebambooworks.com/wp-content/uploads/2022/12/cropped-BBW_website_icon_20221228-32x32.png Consumer - Bamboo Works - China stock insights for global investors https://thebambooworks.com/category/consumer/ 32 32 RLX puffs out signs of new life, as investors remain wary https://thebambooworks.com/rlx-puffs-out-signs-of-new-life-as-investors-remain-wary/ Mon, 20 May 2024 06:03:50 +0000 https://thebambooworks.com/?p=32150 RLX returns to growthChina’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:    By Doug Young After nearly being snuffed out by a cloud of new government oversight, leading vaping company RLX Technology Inc. (RLX.US) is showing signs of.....

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]]> Slump from post-Covid high leaves Budweiser APAC with earnings hangover https://thebambooworks.com/post-covid-high-leaves-budweiser-apac-with-earnings-hangover/ Thu, 16 May 2024 23:02:40 +0000 https://thebambooworks.com/?p=32067 Budweiser APAC, Beer, Tsingtao Brewery, Beijing Yanjing Brewery, San Miguel Brewery, China Resources Beer, Consumption downgrade.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: 　 By Fai Pui It’s a bit like the downer after a party. Beer industry takings surged last year when China lifted its Covid restrictions, but.....

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]]> Soft International seeks to soak up IPO funds using diapers sent to Russia, with love https://thebambooworks.com/soft-international-seeks-to-soak-up-ipo-funds-using-diapers-sent-to-russia-with-love/ Thu, 16 May 2024 05:50:32 +0000 https://thebambooworks.com/?p=32039 Soft International files for Hong Kong IPOThe disposable diaper maker exports a majority of its products, selling more to Russia than it does in its home China market Key Takeaways:    By Edith Terry An IPO listing document filed last week by Fujian-based Soft International Group Ltd. may be a first of its kind: a company that’s found a way to.....

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]]> Dingdong rings back to revenue growth, posts quarterly net profit https://thebambooworks.com/dingdong-rings-back-to-revenue-growth-posts-quarterly-net-profit/ Tue, 14 May 2024 05:14:17 +0000 https://thebambooworks.com/?p=31977 Dingdong returns to revenue growthChina’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:    By Doug Young Grocery story or tech company? Investors are having a hard time answering that question when it comes to Dingdong (Caymen) Ltd. (DDL.US), China’s.....

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]]> Hong Kong’s Café de Coral takes go-slow approach to Mainland dining market https://thebambooworks.com/hong-kongs-cafe-de-coral-takes-go-slow-approach-to-mainland-dining-market/ Sun, 12 May 2024 22:17:55 +0000 https://thebambooworks.com/?p=31910 Hong Kong’s Café de Coral takes go-slow approach to Mainland dining marketThe 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 Takeaways: 　 By Lau Chi Hang Hong Kong is famous for its rich dining culture, which has brought dishes like dim sum and chow mein.....

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]]> Are pricey warrants powering Lotus Technology’s rally? https://thebambooworks.com/are-pricey-warrants-powering-lotus-technologys-rally/ Fri, 10 May 2024 06:27:22 +0000 https://thebambooworks.com/?p=31876 Lotus Technology shares rallyShares 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 February Key Takeaways:    By Doug Young The road for aspiring luxury electric vehicle (EV) maker Lotus Technology Inc. (LOT.US) has been anything but smooth.....

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]]> Midea aims to score Hong Kong IPO to boost global profile https://thebambooworks.com/midea-aims-to-score-hong-kong-ipo-to-boost-global-profile/ Fri, 10 May 2024 03:42:17 +0000 https://thebambooworks.com/?p=31851 The leading Chinese maker of home appliances has been expanding overseas and actively promoting its brand.The leading Chinese maker of home appliances has been expanding overseas and actively promoting its brand Key Takeaways: 　 By Fai Pui At the height of the English soccer season, fans avidly tune into live Premier League games. Aside from the on-pitch action, the broadcasts offer a commercial showcase for ambitious Chinese brands. Adverts for.....

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]]> Lanvin Group lacks shine amid luxury market slump https://thebambooworks.com/lanvin-group-lacks-shine-amid-luxury-market-slump/ Thu, 09 May 2024 06:43:11 +0000 https://thebambooworks.com/?p=31831 Lanvin's revenue rises 1% in 2023The Shanghai-based luxury goods company owned by conglomerate Fosun posted just 1% revenue growth last year, with the figure contracting in the second half Key Takeaways:    By Edith Terry Luxury goods maker Lanvin Group Holdings Ltd. (LANV.US) likes to point out it did well by containing losses and bumping up revenues slightly last year,.....

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]]> Pony.ai gallops towards U.S. listing with eye on lower-tech autonomous driving https://thebambooworks.com/pony-ai-gallops-towards-u-s-listing-with-eye-on-lower-tech-autonomous-driving/ Tue, 07 May 2024 07:08:31 +0000 https://thebambooworks.com/?p=31735 Pony.ai approved for U.S. IPOThe company known for its robotaxis has been approved by China’s securities regulator to list in New York, as it downshifts its ambitions to boost its revenue more quickly Key Takeaways:    By Hugh Chen Late last month, the automotive world was focused on Beijing as the city hosted China’s premier annual auto show. Among.....

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]]> Super Hi boils up overseas with New York listing application https://thebambooworks.com/super-hi-boils-up-overseas-with-new-york-listing-application/ Sun, 05 May 2024 20:54:16 +0000 https://thebambooworks.com/?p=31662 Haidilao's Super Hi files for IPOThe international arm of hotpot giant Haidilao is trying to whet U.S. investor appetites with 23% revenue growth last year and its first-ever profit Key Takeaways:    By Edith Terry When Super Hi International Holding Ltd. (9658.HK) filed an IPO prospectus for a second listing in New York on April 26, its current Hong Kong-listed.....

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]]> DPC Dash bakes up hot growth in drive to more cities https://thebambooworks.com/dpc-dash-bakes-up-hot-growth-in-drive-to-more-cities/ Thu, 02 May 2024 00:00:00 +0000 https://thebambooworks.com/?p=31442 DPC Dash reports strong annual resultsThe exclusive franchisee of the Domino’s pizza in China said its revenue rose 51% last year, as it reported its first audited annual profit Key Takeaways:    By Doug Young DPC Dash Ltd. (1405.HK), the exclusive franchisee for Domino’s pizza in China, is quickly discovering that in China, there’s always growth potential in expanding your.....

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]]> Yum China revs up restaurant expansion, share repurchases https://thebambooworks.com/yum-china-revs-up-restaurant-expansion-share-repurchases/ Tue, 30 Apr 2024 11:24:40 +0000 https://thebambooworks.com/?p=31461 Yum China to expand KCofee standalone shopsThe operator of the KFC and Pizza Hut chains in China spent a record $745 million on share buybacks and dividends in the first quarter of 2024 Key Takeaways:    By Doug Young In the race for China’s fast-food market, Yum China Holdings Inc. (YUMC.US; 9987.HK) is staying well ahead of the pack. The operator.....

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