Chinese liquor stocks rallied sharply Thursday, led by Kweichow Moutai, reports Caixin. This came about as recovering wholesale prices and robust pre-Lunar New Year demand reignited investor confidence in a sector that had been in decline for more than a year. Shares of Kweichow Moutai surged 8.61%, while the CSI Liquor Index climbed 9.79% to close […]
Category: Markets
China’s personal luxury market showed signs of stabilization in 2025, reports Caixin, with a modest recovery in the final quarter as consumers shifted spending back to domestic channels. Sales for the year fell by 3% to 5%, a significant improvement from the 17% to 19% decline in 2024, according to a report released Thursday by Bain […]
China’s automobile sector posted record revenue of RMB 11.2 trillion ($1.6 trillion) in 2025, up 7.1% year-on-year, while profit growth failed to keep pace, sinking to a record monthly low of 1.8% in December 2025, dragging the full-year average to just 4.1%, reports Caixin. This is according to data released Tuesday by the China Passenger Car […]
Pop Mart extended its rally in Hong Kong on Wednesday after unveiling an accelerated push into the US market, reports the South China Morning Post. The rise underscores how overseas expansion is helping the Chinese toymaker offset lingering pressures at home, says the Post. The maker of Labubu figurines plans to open more than 20 new […]
Porsche AG’s sales in China slumped for the fourth straight year in 2025, dropping to 42,000 units—less than half the 96,000 vehicles the German luxury carmaker delivered at its 2022 peak, reports Caixin. The carmaker is struggling with what its China chief called a “perfect storm” of economic strain and intensified domestic competition. Alexander Pollich, president […]