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Real-time News
On December 18th, reports surfaced that Luckin Coffee and its major shareholder, Centurium Capital, are considering bidding for Blue Bottle Coffee. Luckin Coffee declined to comment on the matter on December 18th. As of the end of the third quarter of this year, Luckin Coffee had a total of 29,214 stores globally, a net increase of 3,008 stores in the quarter. In the third quarter of 2025, Luckin Coffees total net revenue was approximately RMB 15.287 billion, a year-on-year increase of 50.2%; GAAP operating profit was approximately RMB 1.777 billion; and the average number of monthly transacting customers was approximately 112 million, a year-on-year increase of 40.6%. Despite strong revenue growth, its net profit was almost flat compared to the same period last year. Luckin Coffees net profit in the third quarter of 2025 was approximately RMB 1.278 billion, a year-on-year decrease of approximately 2.7%; the GAAP operating profit margin was 11.6%, compared to 15.5% in the same period last year.On December 18th, NIO Energy and Zhongan Energy jointly announced that the first batch of 50 charging and battery swapping stations jointly built by them have been put into operation in Anhui Province. This is a significant step forward in deepening the strategic cooperation between the two parties and an important milestone for NIO Energys open ecosystem and collaborative development. In August 2024, NIO Energy launched the "Powering Partner" program. To date, it has jointly built nearly 200 charging and battery swapping stations with partners including 35 urban investment and transportation investment companies in 25 provinces and cities, marking a new stage of large-scale implementation in industry collaboration.According to the Globe and Mail, Eli Lilly will reduce the price of four-cycle supply (2.5 mg and 5 mg doses) of Mountaro and Zepbound in Canada to $300.Piper Jaffray: Raises its price target for Micron Technology (MU.O) from $200 to $275.December 18th - From the end of 2024 to the beginning of 2025, bond market interest rates experienced a rapid and significant decline, resulting in over-pricing of monetary policy easing and weakening fundamentals. Following the interest rate cut in May 2025, the 10-year Treasury bond yield did not decline significantly and continued to rise in the second half of the year despite minimal marginal changes in fundamentals, to some extent correcting the previous over-pricing. Looking ahead to 2026, the impact of monetary policy is expected to be more neutral, with marginal improvements in fundamentals gradually becoming the main logic for bond market interest rate pricing. Considering the diversion of funds from the bond market due to new regulations on mutual funds and the rectification of wealth management valuations, the 10-year Treasury bond yield is more likely to shift slightly upward, mainly operating within the 1.6%-2.0% range.
