China Inc by BBW

Luckin could be preparing a bid for Costa Coffee. What's driving this potential deal, and what are its chances for success? And this year's Double 11 festival looks like a dud, with most big e-commerce companies failing to publish any big numbers. What does the future hold for this fast-fading shopping fest? 

Alibaba will retire the Ele.me takeout dining brand and merge it with its newer Taobao Instant Commerce. What's driving the move? And WuXi AppTec is the latest Chinese major to jump on the Middle Eastern bandwagon, with plans to potentially open a new center in Saudi Arabia. Why are a growing number of Chinese companies taking the Middle Eastern plunge?

Vocational educator Hiducation has become one of the few education companies to test the waters in Hong Kong's booming IPO market. Are investors ready to welcome this group again after a bloody crackdown three years ago? And budget carrier Spring Air is rolling out the welcome mat for more senior flight attendants as old as 40. Are other Asian airlines like to follow this "air auntie" trend, and what's behind it?

Solar and wind farm builder Xinte has announced plans to start collateralizing its assets using asset backed securities. Is this the start of a new trend for such companies? And China International Travel is spinning off its real estate business that was once a money spinner but has become a dud lately with the sinking property market. How should investors view this kind of move?

Observers noticed a key government document on rare earths was created using homegrown Chinese word processing software. Is this part of China's "delete America" campaign? And China's homegrown C919 regional jet has suffered a setback after Vietnam's Vietjet returned two leased models. What does this mean for the aircraft's future?

Team China has pumped $550 billion into the country's two main stock markets, buying up nearly 5% of the market value of all listed companies. What's the thinking behind this strategy? And pre-made foods are in the spotlight after a popular blogger criticized a major restaurant chain for using such products. Why is this such a sensitive subject in China?

The Nasdaq is preparing to crack down on smaller listings by Chinese companies. What's driving the move, and what are the broader implications? And energy storage has become the latest flavor of the day by new Chinese IPO candidates. What's driving this trend, and is it real or just another bubble?

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?