The head of L’Oréal, the world’s biggest beauty company, has said that its Chinese business is booming, bucking a wider economic slowdown as brands like Lancôme and Maybelline win over consumers. … ( read original…
Monthly Archives For July 2019
Chinese Coworking Giant Seeks US IPO
The Beijing-based firm is looking to raise anywhere from $100 million to $200 million in a 2020 IPO, according to sources cited by Bloomberg. The deal is said to be in the preliminary stages and…
Should You Consider China Mobile Limited (HKG:941)?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! China Mobile Limited (HKG:941) is a stock with outstanding fundamental … (…
Nine companies set prices for their listings on China’s Nasdaq-style tech board
China’s securities regulator has given the go-ahead for 25 companies to list on Shanghai’s technology and innovation board, the STAR Market, and the first batch of companies will start trading … ( read original story…
Sales of Hongqi-brand vehicles skyrocket in China
(MENAFN – Asia Times) China’s leading automaker FAW Group posted a skyrocketing year-on-year increase in the sales of its Hongqi-brand vehicles in the first half of the year, with the amount … ( read original…
If You Had Bought China Development Bank Financial Leasing (HKG:1606) Stock Three Years Ago, You’d Be Sitting On A 13% Loss, Today
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! In order to justify the effort of selecting individual stocks, it’s ……
US approves major arms sale to Taiwan amid trade tensions with Beijing
(CNN)The Trump Administration has approved selling Abrams tanks and Stinger missiles to Taiwan, a major potential arms sale that is bound to irk Beijing and comes as the administration seeks to … ( read original…
China’s gold hoard swells
The People’s Bank of China said Monday it raised reserves for a seventh month in June, adding 10.3 tons, following the inflow of almost 74 tons in the six months through May. Last week, Poland…
Chinese Central Bank’s Blockchain Trade Platform Processed $4.36B
The People’s Bank of China blockchain trade finance solution processed $4.36 billion in foreign exchange transactions since its inception. China’s central bank, the People’s Bank of China … ( read original story …)
Beijing Begins Imagining A WeChat China Cryptocurrency
The South China Morning Post reported Monday that the People’s Bank of China (PBoC) is looking into an officially sanctioned crypto after banning them two years ago. If they do it, there is no better…
China Cosmetics Market Report, 2019-2025
China’s online penetration rate of cosmetics will range at 31.4% in 2022. Online: The retail sales of cosmetics at Alibaba have grown apace, with fluctuations in recent months. Chinese brands have … ( read original…
World cannot shut China out, vice president says, in jab at U.S.
The Trump administration has accused China of engaging in unfair trade practices that discriminate against U.S. firms, forced technology transfers and intellectual property rights theft. Beijing has … ( read original story …)
China June new loans seen at 5-month high as central bank keeps liquidity ample: Reuters poll
BEIJING (Reuters) – New bank loans in China are expected to have picked up to a five-month high in June, a Reuters poll showed, as Beijing kept ample liquidity in the financial system to support…