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25.03.26 - 02:42
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China consumer stocks jump on strong earnings, but analysts warn of limited recovery (SCMP)
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Major Chinese consumer stocks listed in Hong Kong rose sharply following strong full-year earnings, though analysts said the results did not point to a broad recovery in the consumer market but rather highlighted structural divergence and new growth drivers in mainland China consumption.
Bubble tea chain Mixue Group posted better-than-expected results for 2025, with sales reaching 33.56 billion yuan (US$4.87 billion), up 35.2 per cent year on year, while net profit rose 32.7 per cent to 5.88......
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25.03.26 - 02:12
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NZ Fin Min Willis on Economic Outlook Amid Iran War (Bloomberg)
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Nicola Willis, New Zealand's Finance Minister, said she still expects the economy to grow, though at a slower pace, due to the impact of the ongoing Middle East conflict. She noted that higher fuel prices will affect local businesses as well as the broader economy. She speaks with Haidi Stroud Watts and Shery Ahn on "Bloomberg: The Asia Trade". (Source: Bloomberg)...
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25.03.26 - 01:24
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Team Group posts 50x profit surge in January; annual procurement impact seen in 2Q26 (Digitimes)
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Memory module maker Team Group reported a record-high monthly profit for January 2026, with earnings soaring over 50 times year-over-year. Although shipments declined in February due to the Lunar New Year holidays, the company expects a full recovery of shipment momentum over March. Annual procurement strategies and specification adjustments among system integrator (SI), edge computing, and OEM customers for high-end memory products are anticipated to drive sales in the second quarter of 2026....
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