Chinese spirits maker ZJLD laments latest anti-corruption crackdown 反腐影响奢华宴请 珍酒李渡承压觅出路
The company’s revenue plunged nearly 50% last year, as it became cash flow negative and slipped into the red in the second half of the year 珍酒李渡去年收入大跌近50%，全年现金流转为负数，并于下半年由盈转亏。
Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.