Starbucks’s IPO-Bound China Rival Wants to Re-Invent Coffee Game China is becoming an increasingly important market for coffee retailers as the country’s middle-class tea drinkers develop a … ( read original story …)
Monthly Archives For August 2019
What Kontoor Brands’ Management Wants Shareholders to Know
as its competitors tend to concentrate manufacturing in China and other south Asian countries to reap cost advantages. But a localized supply chain gives the Wrangler and Lee brands an edge in … ( read…
How luxury brands are responding to the end of China’s one-child policy
Chinese authorities announced the end of the one-child policy in October 2015, allowing families to have two children. In the summer of 2018, China’s parliament erased “family planning” policies from … ( read original story…
China fixes its daily yuan midpoint at 7.0312 — stronger than expected
China’s central bank set the official midpoint reference for the yuan at 7.0312 per dollar on Wednesday. Analysts were predicting the midpoint to be set at 7.0502 per dollar, according to Reuters … ( read…
China central bank official says yuan at right level, disorderly capital flows unlikely
BEIJING (Reuters) – China’s yuan is at an appropriate level currently and two-way fluctuations in the currency will not necessarily cause disorderly capital flows, a senior official at the People’s … ( read original story…
A Look At China Unicom’s Subscriber Performance Over The First Half Of 2019
China Unicom (NYSE:CHU) has underperformed its rivals China Mobile and China Telecom in terms of net subscriber additions over the first half of 2019. In this analysis, we take a look at how the major…
China Unicom Seeks 5G Ally to Cope With Buildout
Budgetary pressure and the need to speed up 5G rollout could push China Unicom into closer network-sharing partnerships with other Chinese stakeholders, the company revealed in an earnings … ( read original story …)
China Unicom 1H profit jumps 16% on cost controls
HONG KONG (Nikkei Markets) — China Unicom reported a more than 16% rise in profit in the first half of this year on the back of cost controls that helped the state-owned telecom operator blunt…
China Unicom eyes close collaboration with other MNOs to cut the cost of 5G
China Unicom is currently looking at the possibility of entering into network sharing agreements with China Mobile and China Telecom to expedite its 5G rollout plans and dramatically reduce costs… … ( read original story…
China Unicom profit rises but ARPU takes hit
Avery Chen China Unicom (Hong Kong) (0762) yesterday reported its first-half net profit climbed 16.32 percent year-on-year to 6.88 billion yuan (HK$7.69 billion) but saw a 19 percent decline in 4G … ( read original…
China Unicom’s H1 service revenue falls 1.1%, profit jumps 16%
China Unicom (Hong Kong) posted service revenue of CNY 133 billion for the first half of 2019, which represents a decrease of 1.1 percent year-on-year. EBITDA amounted to CNY 49.5 billion, up 8.4 … (…
China Wireless Carriers Soar on Savings From 5G Cost-Share Plan
China’s big three wireless carriers soared after China Unicom (Hong Kong) Ltd. Chairman Wang Xiaochu said his company was close to an agreement to share resources for building a 5G network. Joint … ( read…
VW brand’s China sales grow for 2nd straight month
Volkswagen, the largest car brand in China, bucked the market downturn for a second month in a row, with July sales rising 2 percent to 228,000. The gains came mainly as a result of its…
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