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(Bloomberg) -- Chinese alcohol giant Kweichow Moutai Co. sees sales growth tumbling to its weakest in five years as the coronavirus outbreak causes a historic pullback in the world's largest consumer economy. The sales growth target was announced after Moutai posted 15% sales growth in 2019 to 88.9 billion yuan ($12.5 billion), in line with expectations. [Extracted from the article]

Luckin Coffee shares plunged as much as 81% in U.S. trading and CAR Inc., a rental company founded by Luckin Coffee's chairman, sank 54% in Hong Kong. "After the Luckin incident, investors will be more careful when investing in Chinese companies that have a short founding history and rely on huge leverage to expand", said Jackson Wong, Hong Kong-based asset management director for Amber Hill Capital Ltd. [Extracted from the article]

The fallout from Luckin Coffee Inc.'s accounting scandal is spreading far beyond the high-flying Starbucks challenger, with renewed concerns about Chinese corporate governance dragging down stocks across industries and threatening to bring a halt to the country's overseas initial public offerings. Luckin Coffee shares plunged as much as 81% in U.S. trading and CAR Inc., a rental company founded by Luckin Coffee's chairman, sank 54%. [Extracted from the article]

Hong Kong's latest measure to stem the coronavirus outbreak is a ban on public gatherings of more than four people. Three days into the ban, a clarification on EGMs was issued Wednesday by the Hong Kong stock exchange and the watchdog Securities and Futures Commission in a joint statement, after they consulted with the government. [Extracted from the article]

Hong Kong's latest measure to stem the coronavirus outbreak is a ban on public gatherings of more than four people. A Hong Kong government spokesman confirmed that annual shareholder meetings are exempt from the ban but didn't offer clarity on EGMs, saying: "Whether other types of meetings are exempt depends on their nature.". [Extracted from the article]

(Bloomberg) -- China's consumers are shopping online again. China's second-largest e-commerce company sold five times more lunch boxes in late February than a month earlier, while powerbanks, office equipment and stationery are also high up the list. About 60% of listed restaurant operators in China are at risk of running out of cash within six months, according to data compiled by Bloomberg and company reports. [Extracted from the article]

(Bloomberg) -- After struggling to turn its century-old business around by itself over the last few years, the world's biggest supplier of consumer goods realized it couldn't survive the headwinds on its own. Li & Fung's logistics business is attractive to GLP as it's complementary to the investor's core operations. [Extracted from the article]

(Bloomberg) -- After struggling to turn its century-old business around by itself over the last few years, the world's biggest supplier of consumer goods realized it couldn't survive the headwinds on its own. Li & Fung's logistics business is attractive to GLP as it's complementary to the investor's core operations. [Extracted from the article]

(Bloomberg) -- KFC and Pizza Hut operator Yum China Holdings Inc. is trying out new business lines like catering and delivering raw food for home-cooking to boost revenue as Chinese customers shun eating out amid the coronavirus pandemic. Last month, China's biggest fast-food chain operator began customizing menus for its corporate clients which allow employees to order food through KFC's mobile app tailored to their budget. [Extracted from the article]

(Bloomberg) -- KFC and Pizza Hut operator Yum China Holdings Inc. is trying out new business lines like catering and delivering raw food for home-cooking to boost revenue as Chinese customers shun eating out amid the coronavirus pandemic. Last month, China's biggest fast-food chain operator began customizing menus for its corporate clients which allow employees to order food through KFC's mobile app tailored to their budget. [Extracted from the article]

(Bloomberg) -- KFC and Pizza Hut operator Yum China Holdings Inc. is trying out new business lines like catering and delivering raw food for home-cooking to boost revenue as Chinese customers shun eating out amid the coronavirus pandemic. Last month, China's biggest fast-food chain operator began customizing menus for its corporate clients which allow employees to order food through KFC's mobile app tailored to their budget. [Extracted from the article]

(Bloomberg) -- The family that founded the world's largest supplier of consumer goods, Li & Fung Ltd, is trying to take the company private in a HK$7.22 billion ($930 million) deal amid the double whammy of the U.S.-China trade war and the widening coronavirus pandemic. The privatization offer is structured such that the Fung family sees no change to its 32.3% share of Li & Fung. [Extracted from the article]

Almost half of China's listed consumer companies don't have enough cash to survive another six months, underscoring the urgent task Beijing has to re-start its economy and get shoppers spending again. Many of China's small and medium businesses are already collapsing as they run out of cash, but the vulnerability of the publicly listed consumer companies points to greater economic danger, as some of these employ thousands of workers across the country. [Extracted from the article]

The article discusses forecasts for the casino industry in Macau, China. Topics include the impacts of a U.S.-China trade war on the city's gambling industry, the possible expiration of gaming licenses held by casinos operating in Macau, and competition from other Asian gambling locations for Chinese tourists.

The article reports that Chinese manufacturing firms are hoping that domestic customers will make up for lost sales due to U.S. tariffs against China. Topics include the impact of the tariffs on China's furniture industry, crayfish industry sales in China, and the role of personal consumption in China's economy.

The article discusses Chinese people's remote proxy betting, or betting through telephone calls, to casinos in the Philippines, including in regard to gaming revenue in the Philippines and the impact of proxy betting on capital outflows from China. The risk of money laundering practices in Philippines casinos is discussed.

(Bloomberg) -- Hong Kong schools will remain shut until at least the end of the Easter break in mid-April, extending a closure that began a month ago. "Extending school closure is a very difficult decision as many students want to go back to school", Yeung said. [Extracted from the article]

(Bloomberg) -- Hong Kong will extend school closures until at least the end of the Easter break in mid-April, the South China Morning Post reported, citing people it didn't identify. Earlier this month, the Hong Kong government extended school closures to March 16. [Extracted from the article]

(Bloomberg) -- The weeks-long closure of schools over virus fears across China and Hong Kong is testing kids -- and their parents. China's novel coronavirus outbreak has infected more than 70,000 people and shut down large parts of its economy since emerging in Hubei province in December. "The coronavirus is redefining the online education sector", Yang said. [Extracted from the article]

(Bloomberg) -- The weeks-long closure of schools over virus fears across China and Hong Kong is testing kids -- and their parents. China's novel coronavirus outbreak has infected more than 70,000 people and shut down large parts of its economy since emerging in Hubei province in December. [Extracted from the article]

(Bloomberg) -- Hong Kong will extend school closures at least to March 16 due to concerns about the spread of coronavirus, Secretary for Education Kevin Yeung said in a briefing Thursday. Yeung said the city might consider delaying summer vacation to make up for the lost class time, and encouraged students to continue online and virtual learning while schools are closed. [Extracted from the article]

(Bloomberg) -- Hong Kong will extend school closures at least to March 16 amid ongoing concerns over the spread of the new coronavirus, Secretary for Education Kevin Yeung said in a briefing Thursday. Yeung said the city might consider delaying summer vacation to make up for the lost class time, and encouraged students to continue online and virtual learning while schools are closed. [Extracted from the article]

(Bloomberg) -- Neither the glitzy jewelry stores in China's upscale shopping malls nor its spicy hotpot restaurants that once saw long waiting lines are likely to come back to life anytime soon as their owners plan to wait out the deadly coronavirus outbreak. Big consumer firms from Chow Tai Fook Jewellery Group Ltd. to Yum China Holdings Inc. have closed as many as 80% of total stores as China races to curb the contagion which has already killed over 1,100 people and infected more than 44,000 in China. [Extracted from the article]

(Bloomberg) -- Neither the glitzy jewelry stores in China's upscale shopping malls nor its spicy hotpot restaurants that once saw long waiting lines are likely to come back to life anytime soon as their owners plan to wait out the deadly coronavirus outbreak. Big consumer firms from Chow Tai Fook Jewellery Group Ltd. to Yum China Holdings Inc. have closed as many as 80% of total stores as China races to curb the contagion which has already killed over 1,100 people and infected more than 44,000 in China. [Extracted from the article]

(Bloomberg) -- Passengers stuck on a cruise ship being quarantined in Hong Kong are beginning to worry that lax controls on the boat and a lack of information puts them at risk of being exposed to the deadly coronavirus. The boat was quarantined after passengers from the Chinese mainland who boarded from Jan. 19 to 24 tested positive for coronavirus. [Extracted from the article]

(Bloomberg) -- Passengers stuck on a cruise ship being quarantined in Hong Kong are beginning to worry that lax controls on the boat and a lack of information puts them at risk of being exposed to the deadly coronavirus. Hong Kong authorities are examining more than 1,800 passengers and an equal number of crew on the Dream Cruises ship. [Extracted from the article]

(Bloomberg) -- Passengers stuck on a cruise ship being quarantined in Hong Kong are beginning to worry that lax controls on the boat and a lack of information puts them at risk of being exposed to the deadly coronavirus. Hong Kong authorities are examining more than 1,800 passengers and an equal number of crew on the Dream Cruises ship. [Extracted from the article]

(Bloomberg) -- Passengers stuck on a cruise ship being quarantined in Hong Kong are beginning to worry that lax controls on the boat and a lack of information might put them at risk of the new coronavirus spreading among those on board. While some aboard the isolated Diamond Princess in Yokohama have been tweeting about their life under quarantine, there's been little on social media from passengers on the ship sitting in Hong Kong's Kai Tak cruise terminal. [Extracted from the article]

(Bloomberg) -- Passengers stuck on a cruise ship being quarantined in Hong Kong are beginning to worry that lax controls on the boat and a lack of information might put them at risk of the new coronavirus spreading among those on board. While some aboard the isolated Diamond Princess in Yokohama have been tweeting about their life under quarantine, there's been little on social media from passengers on the ship sitting in Hong Kong's Kai Tak cruise terminal. [Extracted from the article]

Passengers on the World Dream cruise ship quarantined in Hong Kong say they've been free to move about the ship but worry about greater risk of exposure to the coronavirus. While some aboard the isolated Diamond Princess in Yokohama have been tweeting about their life under quarantine, there's been little on social media from passengers on the ship sitting in Hong Kong's Kai Tak cruise terminal. [Extracted from the article]

(Bloomberg) -- The lights of the Casino Lisboa, a landmark of Macau's nighttime skyline, went dark. Tourists and casual gamblers accounted for more than half of Macau gaming revenue for the first time last year, and the casinos have been eager to broaden their appeal. [Extracted from the article]

(Bloomberg) -- Yum China Holdings Inc. fell after Pizza Hut comparable sales missed analysts' estimates amid heightened fast-food competition, and the company said the coronavirus outbreak will "materially affect" this year's profit and sales. Yum China has temporarily shut down most KFC and Pizza Hut stores in Hubei Province, the center of the deadly coronavirus outbreak. [Extracted from the article]

(Bloomberg) -- Yum China Holdings Inc. fell after Pizza Hut comparable sales missed analysts' estimates amid heightened fast-food competition, and the company said the coronavirus outbreak will "materially affect" this year's profit and sales. Yum China has temporarily shut down most KFC and Pizza Hut stores in Hubei Province, the center of the deadly coronavirus outbreak. [Extracted from the article]

(Bloomberg) -- Casinos in Macau, the Chinese territory that's the world's biggest gambling hub, will close for 15 days as China tries to contain the spread of the deadly coronavirus. Macau will discuss suspension measures with the casino sector Tuesday afternoon, Macau Chief Executive Ho Iat-seng said at a briefing. [Extracted from the article]

(Bloomberg) -- Casinos in Macau, the Chinese territory that's the world's biggest gambling hub, are being asked to temporarily close as China tries to contain the spread of the deadly coronavirus. Visitor arrivals to Macau from mainland China have plunged 83.3% during this year's Lunar New Year holiday, in a major blow to casino operators, according to data from Macau Government Tourist Office. [Extracted from the article]

(Bloomberg) -- This should be a busy season for Yvonne Ma, operator of a wine and spirits distributor in Foshan, a city in China's Guangdong Province. Few consumers are in the mood to toast the arrival of the Year of the Rat as the coronavirus epidemic spreads through China. [Extracted from the article]

(Bloomberg) -- This should be a busy season for Yvonne Ma, operator of a wine and spirits distributor in Foshan, a city in China's Guangdong Province. Few consumers are in the mood to toast the arrival of the Year of the Rat as the coronavirus epidemic spreads through China. [Extracted from the article]

(Bloomberg) -- Months after his daughter's birth in 2017, Chris Jung dropped off a test-tube of her saliva to his company's genetic testing lab in Hong Kong. There, a sales representative from a genetic testing firm made her a tantalizing offer: For about $1,500, the company would swab saliva from her son's mouth to offer a peek into his future. The firm, like other genetic testing companies, compares customers' genetic data with that of reference populations in public databases and publicly available research linking genes and diseases. [Extracted from the article]

(Bloomberg) -- Months after his daughter's birth in 2017, Chris Jung dropped off a test-tube of her saliva to his company's genetic testing lab in Hong Kong. There, a sales representative from a genetic testing firm made her a tantalizing offer: For about $1,500, the company would swab saliva from her son's mouth to offer a peek into his future. The firm, like other genetic testing companies, compares customers' genetic data with that of reference populations in public databases and publicly available research linking genes and diseases. [Extracted from the article]

The article presents an interview with the Li & Fung Ltd., the world's largest supplier of consumer goods, in the trade war. It mentions his views on changing the landscape for global manufacturing; presents the tariff situation creating major upheaval to the global supply chain; and impact of trade war on China manufacturing.

The article discusses trade war between the U.S. and China has threated the existence of Chinese factories. It mentions that China will see more factory shutdowns as the trade war that is roiled the global supply chain exacerbates an exodus according to Spencer Fung, chief executive officer of Li & Fung Ltd. It mentions that Chinese factories, are lowering asking prices in their desperation, creating an opportunity for European and Japanese consumer brands.

The article reports that the world's largest supplier of consumer goods, Li & Fung Ltd., is selling its logistics business to Temasek-owned Dahlia Investments Pte Ltd. and postponing plans for listing the unit. Topics discussed include stake sale will be used to fund capital expenditure, repay bank debt and speed up growth initiatives at the logistics unit; and retain orders from customers amid uncertain U.S.-China trade outcomes.

The article offers information on a consortium led by Fosun International Ltd. is in talks to buy a majority stake in a Russian gold miner. It mentions the company is also considering a joint bid for Bayer AG's animal-health business, which could be valued at as much as 9 billion dollar; and also mentions the company is easing up on investments in the U.S. and pivoting toward emerging markets and Europe.