As luxury brands conduct ‘the equivalent of hosting a public sale on Fifth Avenue’.
BUSINESS
Stanley Ho’s youngest son Mario sets sights on China’s first esports IPO in the US
Co-founded by Mario Ho, NIP Group has filed for an IPO on the Nasdaq Stock Exchange, where it aims to become the first listed Chinese esports company Esports entrepreneur Mario Ho Yau-kwan, the …
Kantar Greater China CEO shares insight into Chinese brand success
During an interview with China Daily, Doreen Wang, Kantar Greater China CEO and Global Chair of Kantar BrandZ, said many Chinese brands have turned increasingly professional and actively expanded into foreign markets, which has strengthened…
Richemont’s Online Luxury Retailer Net-A-Porter to Exit China
Richemont’s luxury e-commerce platform Yoox Net-A-Porter is pulling out of China, as weak consumer spending puts increasing strain on high-end brands’ operations in the world’s second-largest economy.
Mario Draghi says Europe must not be ‘passive’ in face of China import threat
Former Italian premier says EU should be ready to use more tariffs and subsidies to counter ‘unfair advantages’
Mario Draghi says Europe must not be ‘passive’ in face of China import threat
Former Italian premier says EU should be ready to use more tariffs and subsidies to counter ‘unfair advantages’
Tesla expects to raise price of Model 3 in EU as bloc preps import duties on cars made in China
Tesla Inc. is expecting to raise the price of its Model 3 vehicle in the European Union starting in July because of import duties to be levied by the trading bloc on cars made in…
China sells more cars than the U.S. for the first time ever
In other news – for the first time ever, Chinese carmakers sold more autos globally than their U.S. counterparts. According to a report by JATO Dynamics, Chinese brands sold 13.4 million new vehicles …
NIP Group Eyes IPO Amid Rising Revenues And Escalating Losses
NIP Group is growing revenue but also operating losses and faces operating and regulatory risks in China. Looking for more investing ideas like this one? Get them exclusively at IPO Edge. Learn More » …
Nasdaq expects more China IPOs despite regulatory logjam
NEW YORK/HONG KONG — More Chinese companies are expected to go public this year in the U.S. even as ties between Washington and Beijing remain strained and strict crossborder listing rules have …
G7 vows action against ‘unfair’ China business practices
Leaders of the Group of Seven vowed on Friday to tackle what they called unfair business practices by China that were undermining their workers and industries, according to a draft statement on the …
G7 vows action against ‘unfair’ China business practices
Leaders of the Group of Seven vowed on Friday to tackle what they called unfair business practices by China that were undermining their workers and industries, according to a draft statement on the …
G7 vows to counter China’s ‘unfair’ business practices, puts financial institutions on notice
Draft statement from summit in Italy stresses G7 not trying to harm China or thwart its economic development but aims ‘to level the playing field’.
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