The Curious Boom and Bust of Food Trucks in China
Restaurant Engine
JUNE 9, 2020
To sketch the arc of the story, visualize the stock price of two equipment suppliers for Chinese food trucks, Wuling Motors and Yindu Kitchen. As of the close of trading today, Yindu Kitchen’s stock is priced at less than half of its high achieved on June 5. Two weeks ago, Wuling Motors was trading at 20 Hong Kong cents.
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