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The Billion-Dollar European Caviar Business, Now Disrupted by China
In the kitchen of a Michelin three-star restaurant in Beijing, the chef carefully opens a tin of black "treasures." Each translucent caviar pearl inside is immensely valuable, with prices reaching as high as 10,000 RMB per kilogram. Yet this "black gold" caviar does not come from the Caspian Sea or the Volga River. Instead, it originates from Quzhou, Zhejiang, China. This seemingly impossible fact marks a silent revolution in the Chinese caviar industry.
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"Bing dwen dwen" has 29 licensed manufacturers, most of which have access threshold 20 million.
The SPAC initiated by Li Ning applied to the Hong Kong stock exchange for listing
CSC: the short-term growth of sportswear is under pressure, and the long-term boom continues
Hong Kong sporting goods stocks continued to decline
The sports sector of Hong Kong stocks fell, and Li Ning fell nearly 5%
Li Ning: the net profit attributable to the parent company in the first half of the year was 1.962 billion yuan, a year-on-year increase of 187%
Hong Kong sporting goods stocks rose intraday, with Li Ning up more than 11%, Anta Sports up more than 7% and Tebu international up nearly 7%.
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