- Reuters•9 months ago
SHANGHAI/HONG KONG, March 16 (Reuters) - Retailers in China are shedding staff, slowing expansion plans and seeing stocks pile up in warehouses as shoppers tighten their belts - a major headache for a country that has pinned its hopes on consumers to drive economic growth. With that growth running at its slowest in a quarter of a century, China's consumption patterns are changing, with wealthy middle-class households trading down from up-market to more affordable brands, and poorer families paring back on even basic purchases. China's top 50 retailers saw sales fall 6 percent at the start of the year, and sales of basic goods from noodles to detergent grew just 1.8 percent at the end of last year, down from over 9 percent just three years ago, according to Kantar Worldpanel data.
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2314.HK : Summary for LEE & MAN PAPER - Yahoo Finance
Lee & Man Paper Manufacturing Limited (2314.HK)
HKSE - HKSE Delayed Price. Currency in HKD
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|Day's Range||5.95 - 6.13|
|52 Week Range||3.90 - 7.32|
|PE Ratio (TTM)||12.08|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|