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How does Haoxianglai’s owner generate an 88% return on equity?

Wanchen’s asset-light model, rapid turnover, and high leverage keep its equity base small and shareholder returns elevated.

9 mins read
  • Pop Mart readies a flagship store in New York City as Luckin Coffee moves into former Starbucks locations.

    News

    Labubu takes Manhattan: Chinese brands target inflation-hit US

    3 mins read

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