China Inc by BBW

Cango's public relations and investor relations director Juliet Ye details the company's strategic pivot to transform from a pure-play crypto miner into an integrated energy and high-performance computing (HPC) platform. The multi-phase strategy leverages Cango's existing energy and computing infrastructure as a foundation to build a more diverse business model with revenues from mining, AI client services, and energy trading.

Unitree plans to file for an IPO by year end, capitalizing on the recent popularity of its dancing humanoid robots. But are these products really ready for market? And China has quietly lifted a nearly decade-old ban on K-Pop. What's behind the sudden change of heart?

China is floating yet another plan to rescue its oversupplied solar sector, including a mass shuttering of excess capacity. Will the government-led effort work this time? And a former online educator says it wants to become the new online Sam's Club of China. Does East Buy have what it takes to succeed?

Burger King withdraws from Hong Kong, after facing similar issues on the Chinese Mainland. Why is life so difficult in China for this fast food giant? And Ant Group's purchase of a Hong Kong brokerage is getting extra scrutiny from Chinese regulators. Why is China so wary of this company? Text version: https://thebambooworks.com/chinas-fast-food-western-brands-ant-group-faces-headwinds-alibaba/

Apple returns to revenue growth in China, as it also closes its first store in the city of Dalian. What's next for the company in the world's largest smartphone market? And Transsion considers a Hong Kong IPO. Should investors buy into this biggest smartphone maker you've never heard of, banking on its status as Africa's top cellphone brand?

Smartphone glass maker Biel is building up an Indian production base, while appliance giant Haier is selling half of its Indian business. What's driving these two very different moves by Chinese companies in the fast-evolving Indian market? And two dairy companies are reporting stagnating sales. Is China's dairy sector past its high-growth glory days, and what's behind the slowdown?

Two mid-sized Chinese venture capital firms are moving in new directions, one embracing cryptocurrencies and the other diversifying beyond retail. What's driving these moves? And up-and-coming online travel agent Klook is eying a major New York IPO. Why isn't it following a more recent trend to list in Hong Kong, and is there room for yet another travel agent in a crowded field of listed companies like Trip.com and Booking.com?

Private clinic operators for medical treatments like eye and dental care are facing a difficult path as Chinese consumers rein in their spending. What's ahead for this group? And cosmetic surgery services provider So-Young's shares have soared in recent weeks as investors embrace its shifting business model. Why are they suddenly so confident?

Companies raised $13.6 billion through Hong Kong IPOs in the first half of the year, giving the city the global fundraising title for that period. What's behind the sudden boom? And a growing number of Chinese companies are experimenting with cryptocurrencies in Hong Kong, even as such currencies are banned on the Mainland. What's driving such different approaches on the Mainland and in Hong Kong?

An era has ended in Macao with the planned closure of the city's remaining "satellite casinos" by the end of the year. Does this represent the latest step in the corporatization of Macao? And former financier-turned-educator-turned -food seller Qudian has announced it's pulling out of its latest foray into last-mile delivery. What value for investors is there in this kind of ever-changing company?

An early edition toy based on the red-hot Labubu character has fetched a record $150,000 in a recent auction. What's driving the craze, and is it sustainable? And a high-profile tussle between two leading skincare brands has left one of them bruised, with its stock down 30%. How can investors steer clear of this kind of damage?

Huawei has released a PC version of its Harmony operating system, as well as two models using the OS. How likely are other PC and smartphone makers to adopt this made-in-China OS? And WeRide has launched a $100 million share buyback less than a year after its IPO. What prompted the move, and is this the best use of its dwindling cash?

A group of early investors in NEV maker Zeekr have protested a recent privatization bid for the company, saying it's too low. Will the buyer heed their complaints and raise its offer? And Chagee's maiden quarterly results show its revenue grew at just half the rate of its new store openings. What's behind the evaporting returns?

After zooming over the last few years, China's car exports to Russia skidded by 44% in the first quarter. What put on the brakes? And former microchip superstar Zhao Guowei has been sentenced to death for waste and corruption. What led to his downfall?

Starbucks has reportedly sent invitations to several parties interested in buying part of its struggling China operations. What kind of partner is the U.S. coffee giant likely to choose? And vaping companies are scrambling to diversify production away from China over concerns about Donald Trump's tariffs. Where are they going, and will they escape the tariff threat?