“This IPO marks an important milestone in the development of SMCP … Buoyant demand among fast-growing middle classes in countries such as China has boosted this segment. Financial advisors involved in SMCP’s flotation include JP…
BUSINESS
French fashion group SMCP prices IPO at 20-25 euros/share
SMCP, majority owned by China’s Shandong Ruyi, said the flotation would raise about 121 million euros ($142 million) in net proceeds. Formal trading of SMCP’s shares is due to begin on Oct. 24. Sandro, Maje…
MBA Entrepreneurs: China’s MBAs Are Launching Disruptive Technology Startups
China is a huge market for tech-savvy entrepreneurs. But breaking into business in China is tough. Knowing the language, the culture, and having a close network of contacts is key. Before business school, Felicia Guo…
China Approves HP’s Purchase of Samsung Printer Business
China’s Commerce Ministry has given its conditional approval for HP Inc.’s purchase of Samsung’s printer business, clearing a key regulatory hurdle that would consolidate the U.S. giant’s place as the world’s largest player in the…
Data out today raises questions about the strength of China’s apparent economic renaissance
“A drop in the seasonally adjusted Caixin China General Services Business Activity Index from 52.7 to 50.6 in September pointed to only a marginal increase in services activity that was the slowest for 21 months,”…
SA, China host small business enterprises fair
JOHANNESBURG – South Africa will co-host the China International Small and Medium Enterprises Fair (CISMEF) which aims to unlock markets for small businesses and cooperatives. The 2017 edition of CISMEF will be taking place on…
Samsung’s printer business sale to HP approved by China
Samsung announced in September last year that it had decided to sell it printer business to HP for $1.05 billion. Samsung’s printer business sale was part of the company’s restructuring efforts. It wanted to free…
Airfare of the Day: China Southern Tunis to Vietnam (SGN/CXR) BUSINESS CLASS $910 (Round Trip)
Today’s Airfare of the Day goes to China Southern Airlines Business Class excursion fares between Tunisia and Vietnam. I first learned of this fare on FlyerTalk (access original post here). The following accruals were estimated…
How KFC is reinventing the brand as youthful in China
KFC might be the number one fast food brand in China, but it faces aggressive competition to hold onto the top spot in the crowded marketplace. The brand is on a mission to reinvent KFC…
Another FAW shakeup adjusts focus on new key brand goals
… Besturn is to rank among the top five auto brands and among first-tier Chinese brands between 2020 and 2025. The joint ventures aim to be among the best companies in China, the sources said.…
Making a Chinese brand cool
Aucma Co Ltd, one of China’s largest refrigeration equipment suppliers, is making efforts to reshape Chinese brands as trustworthy and responsible in the company’s go-global strategy. The Qingdao-based company is keen on improving its innovative…
Chinese consumers still engage with Western brands
SHANGHAI/LONDON: China’s National Day Golden Week holiday has just come to an end, but there are still many ways in which Western brands can target Chinese consumers and a new survey provides essential insights. Research…
China Services Sector Growth Falls to 21-Month Low in September-Caixin PMI
BEIJING — Business activity in China’s services sector grew at its slowest pace in 21 months in September as the pace of new business cooled, a private survey showed. The survey was in sharp contrast…
