A 47-year high! Global coffee prices surged 70% due to tight supply and EU regulations within the year.
①On Wednesday, Arabica coffee bean prices soared to their highest level in nearly 50 years, rising more than 70% year-to-date; ②The main reasons for the price increase are supply shortages, uncertainty over the EU Zero Deforestation Act, leading to a surge in panic buying; ③Trump's proposal to impose tariffs has also raised concerns among coffee roasters.
Yang Lijuan takes charge of super hi's first report card: third-quarter income is 0.199 billion USD, turning a profit.
① Regarding the investment concerns about future overseas store layout and strategy, super hi executives stated at the earnings conference that the future penetration rate and store opening efforts will be based on the market demand in each region, and there will not be a maximum for store space. ② Super hi has a total of 121 restaurants globally, with a net increase of 6 since the end of 2023. This includes 73 in Southeast Asia, 18 in East Asia, and 20 in the americas.
Super Hi GAAP EPS of $0.06, Revenue of $198.62M
"Smart money" is betting on china becoming a trend: In Q3, the prototype of the "big short" increased shareholding in Alibaba and other Chinese concepts, while the rising fund Keystone established positions in three major etfs.
In the third quarter, the fund under Michael Burry increased its shareholding in Alibaba by 0.045 million shares to nearly 0.2 million shares, doubled its hold positions in jd.com to 0.5 million shares, and increased its shareholding in baidu by 0.05 million shares to 0.125 million shares. At the end of the quarter, it held three Chinese concept stocks valued at 54 million dollars, accounting for 65% of the total fund's stock holdings. Meanwhile, the fund bought corresponding put options for these three Chinese concept stocks to hedge risks.
Express News | Dining sector experiences a significant surge in the Hong Kong market, with JIUMAOJIU climbing 12% and HELENS jumping 10%.
Yum China Holdings Analyst Ratings