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As part of the group’s strategy to rebuild the Kappa brand, Zhang has taken charge of overseeing destocking measures over the past few years. In the first half of this year, China Dongxiang had got rid of some “defective goods” left over from 2015 and earlier. Products worth approximately 140 million yuan were involved, resulting in a one-off decline in the sportswear producer’s gross profit margin by some 2.3 percentage points.

As of Tuesday, the province has confirmed 386 imported cases, while 261 patients recovered and were discharged from the hospital, according to the Heilongjiang Health Commission.

As of Saturday, Hong Kong has confirmed 862 cases of novel coronavirus pneumonia. A patient tested positive for COVID-19 with unknown source of infection was reported the same day.

As people become more willing to spend on their pets, the market is expanding to include not just clinics but also facilities and services such as magnetic resonance imaging and beds for worried owners so they can stay overnight with their pets.

As of Wednesday, the film, which opened across Chinese mainland on Friday, had grossed 142 million yuan (.2 million).