Read More

Collectible Toy Maker Pop Mart Falls Out of Favor

Key Takeaways: Pop Mart said its third-quarter revenue fell between 5% and 10% year-over-year, deteriorating from an already-weak first half of 2022 The company has launched a series of initiatives to jumpstart its growth, including a ramp-up in overseas development, though none have reaped significant success yet   By Trevor Mo

MAT

Read More

Li Ning Tripped Up by Chinese Nationalists

Key Takeaways: Sportswear maker Li Ning’s shares took a beating after the company came under fire for new designs that resembled hats worn by Japanese soldiers during World War 2 Although such scandals are typically short-lived, they can have a big impact if handled improperly, experts say By Jose Qian

MNSO