MarketsNotableReportedDeveloping
5.2
Mainland Chinese arrivals to Hong Kong surge 19% on golden week opening day
South China Morning PostLO·CN · HK·1 day ago
Starbucks is closing 250 North American locations under CEO Brian Niccol to boost profitability, despite a sales recovery. The company faces challenges in China and plans expansion to 20,000 stores with Boyu Capital. Shares have risen 14% in 2026, indicating investor confidence in the turnaround.