This article only represents the author's own views.
A winding down and then a big bang to start the New Year. That sums up the story for DPC Dash Ltd. (1405.HK) over the last two or three months, as the company launched 90 new stores in the first 24 days of January after focusing on entering new cities in the fourth quarter.
The bigger picture for DPC Dash seems to be one of a company seeking the right balance between aggressive expansion and maintaining its operational efficiency. Rapid expansion was popular among restaurant operators in China for years, but many are now shifting to a more careful approach as Chinese consumers grow more value oriented in the current slowing economy.