Despite weak per-share profits, some investors might be relieved the situation wasn't worse. The company's performance may indicate unresolved challenges. Long term share price weakness can be a bad sign, but contrarian investors might want to research the stock in hope of a turnaround.

Total Retail Sales of Consumer Goods: December 2022 total retail sales of consumer goods were 405.42 billion yuan, nominal -1.8% YoY (+4.1 pct from previous value), higher than expected, mainly due to the high increase in demand for drugs under the influence of the epidemic in December, as well as benefiting from the Spring Festival + subjective travel intentions to...