JP Morgan analyst Samik Chatterjee initiates coverage on Cepton (NASDAQ:CPTN) with a Neutral rating.
McDonald’s To Expand China Presence With 1,000 New Outlets This Year, Says ‘Much On Track’ For 10,000 Mainland Restaurants By 2028
The fast-food giant is looking to expand its presence in lower-tier cities, its second-largest market. This move is part of the company's strategy to tap into new markets as major cities like Beijing and Shanghai become saturated.
