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BenzingaBenzinga··Bamboo Works

Chinese Toymaker Bloks Group Swings to Profit on 30% Revenue Surge

Chinese toymaker Bloks Group returned to profitability in 2025 with 634 million yuan earnings, driven by 30% revenue growth and Americas expansion, though margin pressures from budget products persist.
MNSOMATHASPMRTYmargin pressureChina
BenzingaBenzinga··Bamboo Works

China Pivots to 'Joy Economy' as GDP Growth Obsession Gives Way to Contentment

China shifts economic strategy from aggressive GDP growth to 'joy economy,' emphasizing affordable consumer luxuries and psychological well-being over traditional big-ticket purchases.
MNSOCHAPMRTYjoy economyaffordable indulgences
BenzingaBenzinga··Bamboo Works

Jay Chou's Star Plus Legend Swings to Loss as Diversification Bets Spark Rally

Star Plus Legend Holdings reported 52 million yuan loss in 2025 versus 50.2 million yuan profit in 2024, yet stock surged 13% on diversification strategy.
PMRTYfinancial lossbusiness diversification