China National Tobacco, the largest tobacco company in the world, could list its international unit in an IPO in Hong Kong later this year. That unit, China Tobacco International (HK), is mainly respo… ( read…
BUSINESS
Tesla breaks ground for factory in China, despite trade tensions
China has local brands of electric vehicles The company faces competition from Chinese brands including BYD Auto and BAIC Group that already sell tens of thousands of hybrid and pure-electric sedans a… ( read original…
eOne bolsters Family and Brands arm in China
In an effort to expand the presence of its popular preschool properties in China, eOne’s Family & Brands arm for the region has appointed former Pearl Studio GM Pengchong Xu (pictured left) as … (…
China’s best-selling spirit brand sees surge in overseas sales
China’s best-selling spirit brand Kweichow Moutai saw its international exports surge to US$430 million in 2018, an increase of 28.6 percent from the previous year, according to a statement … ( read original story …)
Poseida Therapeutics applies for IPO
State-backed life sciences investor Malin said its investee company Poseida Therapeutics has filed for a potential initial public offering (IPO) on the Nasdaq’s Global Select Market. Malin owns 33pc o… ( read original story …)
B.C. fashion company dodges Huawei backlash in China
Canadian retail industry observers say other brands that incorporate Canadian themes and have exposure to mainland China, such as Roots, may also be affected. For Cuevas, Jac by Jacqueline Conoir’s mi… ( read original story…
China second-tier handset brands to face more upheavals in 2019
China’s second-tier handset brands are bracing for more upheaval in 2019 as their first-tier competitors are expected to continue to consolidate their market share, while handset demand is retreating, … ( read original story …)
Paying the price: China shoppers, stung by slowdown, take bite out of Apple
China’s iiMedia Research forecast 144 million users of second … cheap Huawei,” one user wrote in a comment “liked” several hundred times. “Support Chinese brands!” Support for local smartphone brand… ( read original story …)
UK and China forge a new relationship in advertising as both look to a global future
UK businesses participating in the mission will gain additional value from the ongoing work of the Promote UK and local DIT teams, including speaker opportunities at the main conference and at a one-d… ( read…
Five Things To Look for in 2019 for China’s Luxury Industy
China is where luxury brands go to thrive, or sometimes wither. Here is a look at some prediction for what we’ll see in 2019. The rising popularity of national Chinese brands adds a new level…
Apple’s China Problem Isn’t Just the Economy. Chinese Rivals Are Gaining, Too
Anecdotally, however, some Apple onlookers have wondered whether Trump’s trade crusade and rhetoric towards China is also simply souring Chinese consumers on American brands. Stanley Chao, a brand con… ( read original story …)
China studying new reforms to help small business: media
SHANGHAI (Reuters) – Chinese policymakers are studying new ways to give small firms access to cheaper credit and support private sector businesses that face refinancing challenges, the official … ( read original story …)
A-share IPOs forecast to pick up
A-share IPOs slowed significantly in 2018, caused in part by the China Securities Regulatory Commission’s stricter review process, as well as an economic growth slowdown, market volatility and ongoing … ( read original story …)