Winter Olympic concept stocks continued to strengthen in the afternoon, Rhine sports straight-line pull board

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.

SHEIN Expands Polish Logistics Hub with EUR 500 Million Investment

SHEIN（希音）announced a further EUR 500 million investment to expand its European logistics hub near Wrocław, Poland. The company said the investment would bring its cumulative spending in Poland since 2022 to EUR 1 billion and support faster order fulfilment across Europe.

Sino Biopharm and Boehringer Ingelheim Sign Option and License Deal for Six Cancer Programs

Sino Biopharmaceutical（中国生物制药）and Boehringer Ingelheim（勃林格殷格翰）announced an option and license agreement on November 4 covering six preclinical cancer programs. Sino Biopharm will receive USD 358 million in upfront and near-term payments and may receive up to USD 7 billion in additional option, development, regulatory and commercial milestone payments.

China Southern Airlines Plans to Establish an Independent Cargo Airlines Subsidiary

CAAC has approved the new cargo subsidiary of China Southern Airlines, and the new subsidiary will join the Southern Air Cargo Logistics company.

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.