The author of Millionaire Migrants was one the first to provide evidence that the foreign real-estate dreams of China’s wealthy have arguably had more impact than anything on Metro Vancouver’s housing unaffordability. UBC geographer David Ley ... ( read original story ...)
Yum! Brands spinoff Yum China Holdings rise after unveiling first div and upping share buyback
Yum! Brands Inc’s (NYSE:YUM) spinoff Yum China Holdings Inc (NYSE:YUMC) saw its shares rise in premarket trade after it outlined its first dividend and boosted its stock buyback programme. The company, which was spun off from Yum! Brands a year ago, also ... ( read original story ...)
Chinese factory supplying major laptop brands accused of student labour abuses
The world’s biggest laptop brands rely on Chinese student labourers as young as ... a Taiwan-owned Fortune 500 company whose factories in China supply Apple, Acer, Hewlett-Packard and Sony, among many others. If students refuse, they are told their ... ( read original story ...)
Why Taiwanese corporates flock to A/H share markets for IPOs
In order to benefit from a larger market and higher P/E ratio, Taiwanese companies with mainland subsidiaries are increasingly looking to raise funds through China’s IPO market. Since June of 2016, seven Taiwanese companies have completed debut IPOs in ... ( read original story ...)
China approves HP’s $1.1 bn buy of Samsung’s printer business
China said on Thursday it has approved HP Inc’s $1.1 billion purchase of Samsung Electronics’ printer business with certain restrictions, citing concerns about the US firm’s dominance of the domestic laser printer market. HP announced the deal in ... ( read original story ...)
How brands should target Chinese consumers during Golden Week and beyond
The impressive spending power of Chinese consumers, coupled with their love of travel, presents serious opportunities for Western brands, both at home and abroad. Key dates for the calendar are China Single’s Day (11 November) and Golden Week (1-7 ... ( read original story ...)
Citigroup considering onshore cash equities business in China
HONG KONG (Reuters) - Citigroup Inc (C.N) is considering setting up an onshore cash equities business in China and expanding research coverage of Chinese stocks, to boost its share of the business in Asia, said the head of its regional equities unit. ( read original story ...)
(North Korean labor in China) US brands indirectly tied to China plants
Mark Liszt, owner of Lawrence Wholesale, a national food distributor in Southern California, said it would investigate its suppliers as well. "We’re middlemen,” said Liszt. "We do make a practice of trying to go and visit the plants that we buy from in ... ( read original story ...)
China IPOs set to hit new record this year
China is well on its way to achieving a new record of stock market listings this year, buoyed by a spate of measures imposed by the authorities to normalise public offerings. Data show that during the first three quarters of the year, 343 firms launched ... ( read original story ...)
First Asian female director appointed by French luxury brand shows power of region’s consumers
particularly in China.” Chinese consumers have become the world’s biggest group of luxury spenders in recent years. According to a report from the management consultants Bain & Company, the country had 50 million luxury brand shoppers in 2015 ... ( read original story ...)