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Source: Reuters
Description: Half a dozen Chinese boba-drink chains are looking to list
abroad. Profit margins are low in the $20 bln sector. But Thomas Shum argues
that as consumers reduce higher-end spending, the cheap-and-cheerful brews can
thrive – even if Beijing holds back on much-needed stimulus.
Short Link: https://refini.tv/3qhxsbE
Video Transcript:
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