China Edutech Surge Lures Investors as US Melts Down
The rapid revival of Chinese education companies’ business is boosting investor appetite for the stocks that bore the brunt of Beijing’s yearlong regulatory crackdown.
Lululemon raises full-year forecasts, unaffected by inflation, China curbs
Lululemon Athletica (LULU.O) on Thursday raised its full-year revenue and profit forecasts on strong demand for athleisure, and said the impact from COVID-19-related lockdowns in China was modest and more than offset by strength in other regions.
