Group 1: Company Developments - Li Ka-shing plans to push for the IPO of AS Watson, the parent company of Superdrug, on the London Stock Exchange, aiming to raise $2 billion (approximately £1.48 billion) [5] - AS Watson, which operates Superdrug, is the second-largest drugstore chain in the UK, with sales reaching £1.6 billion last year, second only to Boots [5] Group 2: Automotive Industry Trends - Tesla's vehicle registrations in the UK fell to 6,323 units in December, marking a year-on-year decline of over 29%. For the entire year of 2025, Tesla's sales in the UK decreased by 8.9%, although it remains the best-selling electric vehicle brand in the country [8] - In contrast, Chinese brand BYD saw its vehicle registrations in the UK surge nearly fivefold in December, reaching 5,194 units. BYD's total electric vehicle sales exceeded 2.25 million units, surpassing Tesla for the first time and becoming the global leader in electric vehicle sales [10][12] - The overall new car registrations in the UK grew by 3.5% in 2025, totaling 2 million units, with two Chinese brands, MG and BYD, ranking among the top ten best-selling car brands in December [12]

Core Viewpoint - Mannings, a health and beauty retail chain, announced the closure of all offline stores and online services in mainland China by January 15, 2026, with online sales ceasing on December 26, 2025 [1]. Group 1: Store Closures - Mannings will close all offline stores in mainland China by January 15, 2026 [1]. - Online services, including its flagship store and mini-program, will stop sales by December 26, 2025 [1]. - After the closures, Mannings will continue to operate its cross-border online stores, providing products similar to those available in Hong Kong [1]. Group 2: Company Background - Mannings was founded in 1972 and is the largest health and beauty product chain in Hong Kong, specializing in health, beauty, personal care, and maternity products [1]. - The company has over 320 stores across Hong Kong and Macau and entered the mainland China market in 2004 [1]. Group 3: Customer Reactions - Customers have noted significant discounts in stores, indicating a clearance sale prior to the closures [1]. - Some customers expressed disappointment over the closures, while others commented on the high prices of Mannings' products [8].

Core Viewpoint - Mannings, a health and beauty retail chain, will close all offline stores and its online marketplace in mainland China by early 2026, marking a significant exit from the market [2][4]. Group 1: Store Closure Details - The last operating day for Mannings' offline stores will be January 15, 2026 [4]. - The online official store will cease operations on December 28, 2025, at 24:00 [4]. - Sales on Tmall, JD, and other platforms will end on December 26, 2025, at 24:00, with after-sales service concluding on January 25, 2026 [4]. Group 2: Company Background - Mannings entered the mainland China market in 2004 and is the largest health and beauty product chain in Hong Kong, with over 320 stores in Hong Kong and Macau, and more than 120 stores in mainland China [5]. Group 3: Continued Services - The cross-border official store and various cross-border flagship stores on platforms like Tmall and JD will continue to operate despite the closure of mainland operations [4].

Group 1 - Mannings, a health and beauty retail chain, will close all offline stores and online platforms in mainland China, with the last operating day for physical stores set for January 15, 2026 [1][2] - The online official store will cease operations on December 28, 2025, while its Tmall and JD flagship stores will stop operating on December 26, 2025 [1][2] - Mannings entered the mainland China market in 2004 and currently has over 120 stores in the region, in addition to more than 320 stores in Hong Kong and Macau [2] Group 2 - There are currently no Mannings stores in Shanghai, as reported by a review website, leading to disappointment among netizens [3]

Core Viewpoint - Mannings, a well-known drugstore chain, will close all offline stores and its online mall in mainland China as part of a strategic business adjustment, while continuing its cross-border operations [1][3]. Group 1: Store Closures - Mannings will cease operations of its offline stores in mainland China on January 15, 2026, and its online official mall will stop operating on December 28, 2025 [1]. - The company currently has over 440 stores, with more than 120 in mainland China and over 320 in Hong Kong and Macau, covering 33 cities [3]. Group 2: Strategic Shift - The closure of mainland stores is part of a strategic shift towards cross-border e-commerce, leveraging its supply chain advantages from Hong Kong to cater to the cross-border shopping needs of mainland consumers [1]. - Mannings will continue its cross-border business through various platforms, including its cross-border official mall and flagship stores on Tmall, JD.com, and Pinduoduo [1]. Group 3: Consumer Sentiment - Consumer reactions to the closure have been mixed, with many expressing sadness and sharing memories associated with the brand on social media [3][4].

Core Viewpoint - Mannings, a health and beauty retail chain, announced the closure of all offline stores and online services in mainland China by January 15, 2026, with online sales ceasing on December 26, 2025 [1] Group 1: Company Announcement - Mannings will close all offline stores in mainland China by January 15, 2026, and will stop online sales on December 26, 2025 [1] - After the closures, Mannings will continue to operate its cross-border online stores, providing products similar to those available in Hong Kong [1] - The company expressed apologies for any inconvenience caused by this adjustment and thanked customers for their understanding [1] Group 2: Store Promotions and Customer Feedback - Prior to the announcement, many Mannings stores in mainland China were offering significant discounts of up to 50% as part of a clearance sale [1] - Customer feedback indicates that while some appreciate the product quality, others find the prices too high [11] - Reports suggest that only a few stores remain operational in Guangzhou, indicating a significant reduction in presence [1][9]

Core Viewpoint - Mannings, a well-known drugstore chain, will close all offline stores and its online mall in mainland China as part of a strategic business adjustment, while continuing its cross-border operations [1][2]. Group 1: Store Closures - Mannings will cease operations of its offline stores on January 15, 2026, and its online official mall will stop operating on December 28, 2025 [1]. - The Tmall flagship store, JD flagship store, and Tmall health products specialty store will close on December 26, 2025 [1]. Group 2: Strategic Shift - The closure of mainland stores is part of a strategic adjustment, indicating a shift from physical retail to cross-border e-commerce, leveraging its supply chain advantages from Hong Kong [2][3]. - Mannings will continue its cross-border business, including the cross-border official mall, Tmall flagship store, JD flagship store, and Pinduoduo flagship store [2]. Group 3: Company Background - Mannings was founded in 1972 by two pharmacists in Hong Kong and became part of the Dairy Farm Group in 1976 [3]. - The company officially entered the mainland market in 2004 [4]. - As of December 17, 2025, Mannings has over 440 stores, with more than 320 in Hong Kong and Macau, and over 120 in mainland China, covering 33 cities [6]. Group 4: Consumer Reactions - Consumer reactions to the closure have been mixed, with some expressing regret on social media, sharing memories associated with the brand [7].

Group 1 - Mannings, a health and beauty retail chain, will close all offline stores and online platforms in mainland China [1][4] - The last operating day for Mannings' offline stores will be January 15, 2026, while its online official store will cease operations on December 28, 2025 [1] - The Tmall flagship store, JD flagship store, and Tmall health products specialty store will stop operations on December 26, 2025 [1] Group 2 - Mannings entered the mainland China market in 2004 and has over 120 stores in the region [4] - The company is the largest health and beauty product chain in Hong Kong, with more than 320 stores in Hong Kong and Macau [4]

Core Viewpoint - Mannings, a health and beauty retail chain, will close all offline stores and its online platform in mainland China, with the last operating day for physical stores set for January 15, 2026, and the online store ceasing operations on December 28, 2025 [1][3]. Group 1 - Mannings announced the closure of its offline stores and online platform in mainland China, with specific dates for the cessation of operations [1]. - The company has been operating in mainland China since 2004 and has over 120 stores in the region [3]. - Mannings' parent company, Dairy Farm International Holdings, has a registered capital of approximately HKD 9.97 billion and has faced significant store closures, with many branches in a state of cancellation [3]. Group 2 - The official response from Mannings indicated that the online store would stop operations on December 29, 2025, but after-sales service would continue until January 15, 2026 [3]. - The company has a history of significant investment in the region, with its parent company established in 2016 and holding stakes in several subsidiaries, most of which are now inactive [3].

Core Viewpoint - Mannings, a health and beauty retail chain, will close all offline stores and online operations in mainland China by January 2026, marking the end of its presence in the market after entering in 2004 [1][3]. Group 1: Store Closures - Mannings will cease operations of its offline stores on January 15, 2026, with the last day of business [1]. - The online official store will stop operations on December 28, 2025, while its Tmall and JD flagship stores will close on December 26, 2025 [1]. Group 2: Market Presence - Mannings entered the mainland China market in 2004 and has over 120 stores in the region, in addition to being the largest health and beauty product chain in Hong Kong with over 320 stores [3]. - Currently, there are no operational Mannings stores in Hangzhou, indicating a significant reduction in its market presence [3].