China Eastern Airlines: the application for fixed increase was approved by the CSRC

Chinese Restaurant Brands Going Global: What Keeps Customers Coming Back After the Opening?

How long can the queues outside a brand’s first overseas store last? And how many customers drawn in by the novelty will become regulars? For Chinese restaurant brands expanding internationally, opening a store is only the beginning of the challenge of building a local business and retaining customers.

DYU Raises Nearly CNY 100 Million in Pre-B Round to Expand Overseas Retail and Smart-Mobility Products

DYU（大鱼智行）, a Chinese electric-bike and smart light-mobility company, announced on September 10 that it had completed a Pre-B funding round of nearly CNY 100 million. Tongxin Capital（同鑫资本）led the round, with several other institutional investors participating. The proceeds will support product development, AI capabilities, international brand building and supply-chain improvements.

Anjoy Foods Plans USD 74.25 Million Indonesia Joint Venture to Expand Local Production

Anjoy Foods Group（安井食品）has approved a joint venture to establish food production and sales operations in Indonesia, with the two partners committing combined cash contributions of at least USD 74.25 million. The board approved the proposal on September 9, according to a company announcement dated September 10.

China Eastern Airlines Receives USD 1.1 Bn Orders in the Third CIIE

The company received orders from CFM International, Honeywell International, and other 21 leading international manufacturers from 11 countries and regions in the third CIIE.

Bad Quarter for Leading Chinese Airlines – China Southern Alone Shows Profits for Q3 2020

The three major China airlines have notified investors that the financial performance of the whole year 2020 may be seriously affected by the spread of COVID-19. Only China Southern had a positive update to share.