A steady stream of mid-budgeted films from various genres has bolstered ticket sales, augmenting big business from blockbusters.
Cox Automotive expects wholesale used vehicle prices to end the year down 4.3% from December 2022.
For the year ahead, Bain Partner Derek Deng said China’s consumer spending likely wouldn’t even return to 2021 levels due to macroeconomic developments.
Investors are losing confidence in the company amid growing margin pressure and operational issues this year.
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