BRIEF: Moutai shelves ice cream as hype fades
Moutai Ice Cream, once a highly sought product from China’s most famous liquor maker, has sharply cut back or even ceased production as its popularity quickly faded after recent initial…
Luckin Coffee profits get added kick from liquor-laced lattes
With a boozy new brew, the once scandal-tainted coffee chain has boosted its quarterly earnings and store numbers despite a brutal price war Key Takeaways: Luckin Coffee’s revenue and profit…
Noble Family Wine hopes to be the toast of Hong Kong
Inspired by fellow liquor brand ZJLD, the Chinese wine distributor plans to pull out of the mainland NEEQ market and list its shares in Hong Kong Key Takeaways: Noble Family Wine…
Beauty Products Maker Imeik Makes Second Try at Hong Kong IPO
With ultra-high gross margins, the Chinese maker of wrinkle fillers makes second attempt at secondary listing in Hong Kong Key Takeaways: Started in 2004, Imeik is the largest provider of…
