Manyun Zou
Stories by Manyun Zou
Tencent-backed retailer Miniso turns to Hong Kong in hedge against US delisting
Miniso will take in upto $100m from the listing.
Founder Richard Liu sells JD.com stake worth about $932m in past month
Liu now holds around a 10.9% stake.
Scandal-tainted China’s Luckin Coffee turns first ever operating profit in Q1
The firm was delisted from Nasdaq in June 2020
China’s electric vehicle industry skids amid zero-COVID policy
In April, sales of NEVs dropped 61% month-on-month.
Chinese EV makers’ deliveries fall as lockdowns hit dealers, plants
In April, Auto Inc. delivered 4,167 vehicles, representing a 62% month-on-month plunge.
Meituan shutters Beijing grocery group-buying service
Pinduoduo and Meituan each accounted for over 30% of the group-buying market by GMV.
China’s tech giant Tencent lays off staff after tough 2021
Amid China's crackdown on the tech sector, the company is taking steps to hedge risks.
China’s Trip.com eyes post-pandemic tourism boom, as rivals circle
Amid increased competition, can Trip.com just play the role of a middleman between users and merchants?
Nio’s Hong Kong homecoming may inspire more US-listed Chinese companies
NYSE-listed financial information platform OneConnect is also planning to list in Hong Kong.
Chinese firms’ quest for Indonesian nickel fraught with supply risks, export ban fears
The silvery-white metal is used in lithium batteries, the power source of EVs.
