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Banu’s Hong Kong IPO runs into weak investor appetite for hotpot chains

With Haidilao and Xiabu Xiabu trading at depressed valuations, Banu’s listing faces questions over growth, governance, and consumer demand.

5 mins read
  • CEO William Li says the EV maker is emerging from a crisis deeper than in 2019, but now has the maturity to weather it.

    Features

    After hard lessons, Nio’s latest quarter puts it on track to first profit

    11 mins read

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