FAST NEWS: Nissin Foods chairman buys more shares
The latest: Kiyotaka Ando, chairman of Nissin Foods Co. Ltd. (1475.HK), purchased about 130,000 of the company’s shares on Sept. 28, raising his stake in the instant noodle pioneer from 1.98%…
FAST NEWS: Pop Mart profit soars on overseas sales surge
The latest: “Blind box” collectible toy seller Pop Mart International Group Ltd. (9992.HK) announced Tuesday its net profit for the first half of 2023 jumped 42.3% year-on-year to 477 million yuan ($66 million).…
FAST NEWS: Readboy swings to red on lower smart device sales
The latest: Smart learning device maker Readboy Education Holding Co. Ltd. (2385.HK) said Sunday it expects to record a non-GAAP adjusted loss of 15 million yuan ($2.07 million) to 20 million…
FAST NEWS: Maoyan profit doubles on strong movie box office
The latest: Maoyan Entertainment (1896.HK), China’s main online movie ticketing platform, issued a positive profit alert Thursday, forecasting its net profit for the first half of the year would range between 380 million…
FAST NEWS: Strawbear Entertainment profit plunges on higher costs
The latest: TV drama producer and distributor Strawbear Entertainment Group (2125.HK) said last Friday it expects to report a net profit of 300,000 yuan ($42,200) to 5.8 million yuan for the first half of…
FAST NEWS: H World’s revenue per room reaches 121% of pre-pandemic levels
The latest: Hotel operator H World Group Ltd. (HTHT.US; 1179.HK) reported Tuesday that revenue per available room (Revpar) for its legacy Huazhu business in the second quarter reached 121% of pre-pandemic levels in 2019.…
FAST NEWS: Beauty Farm profit surges on post-Covid reopening
The latest: Beauty store operator Beauty Farm Medical and Health Industry Inc. (2373.HK) said on Thursday it expects to record a 40% increase in revenue and 400% jump in net…