The Beijing-based company, which raised US$4.2 billion in the city’s second-biggest technology initial public offering this year, opened higher and briefly touched HK$74 per share. It closed the day a… ( read original story …)
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Recent Posts
Meituan Dianping rises on Hong Kong debut after US$4.2 billion IPO, pushes co-founder’s net worth to US$5.3 billion
China ‘outraged’ by U.S. sanctions over Russian weapons purchase
“China is strongly outraged by this unreasonable action by the U.S.,” Geng told reporters at a daily news briefing. “We strongly urge the U.S. to immediately correct its mistakes and revoke … ( read original…
U.S.-China trade war could last 20 years, Chinese billionaire says: ‘It’s going to be a mess’
and they are entirely meant to protect China’s own interests,” commerce ministry spokesman Gao Feng said at a weekly news briefing in Beijing. “They are also meant to protect global free … ( read original…
How Luxury Brands Court Cultural-Conscious Chinese Consumers
Today, smart shoppers in China want to know the artistic and cultural histories behind their favorite designs. Luxury brands are also interested in telling their stories and are now using local media … ( read…
China Manufacturers Rush to Get Toys, Car Parts to U.S. Before Tariffs
(Bloomberg) — The race is on to get Chinese goods into the U.S. before U.S. President Donald Trump’s tariffs bite. At sea and in the sky, the U.S. president’s trade war with China has ignited…
Michael Kors in China: Brand Heightens Efforts in its Fastest Growing Market
Last quarter Michael Kors reported a double-digit rise in revenues in the Chinese market, beating the growth rates of other regions. For fashion houses and luxury brands, one big-spending demographic … ( read original story…
Trump wrong to brand China a currency manipulator
Next month, the U.S. Department of the Treasury is due to submit to Congress its biannual report detailing which countries, if any, are manipulating their currencies to gain an unfair trade advantage. ( read original…
Boots set to take its famous No7 make-up brand to China
High Street beauty chain Boots is set to take its famous No7 make-up brand overseas to Chinese shoppers. Boots parent Walgreens Boots Alliance has signed a deal with Chinese e-commerce giant Alibaba t… ( read…
A peek into China’s fast-changing mobile marketing scene
“Taming the beast: Understanding the different faces of mobile marketing and social media in China” fireside chat at SWITCH. (Image Credit: TechNode ORIGIN) Mobile advertising is booming in China. It … ( read original story…
China IPO data provider iResearch confirms executives ‘are assisting authorities’ with enquiries
iResearch, a market research company which provided industry data for Chinese tech giants Xiaomi and Meituan Dianping in their IPO filings, confirmed on its Weibo corporate account that some of its se… ( read original…
NII (NIHD) & China Unicom (Hong Kong) (CHU) Head to Head Contrast
China Unicom (Hong Kong) pays an annual dividend of $0.07 per share and has a dividend yield of 0.6%. NII does not pay a dividend. China Unicom (Hong Kong) pays out 63.6% of its earnings…
China’s Great Property Wall
Nothing highlights Chinese barriers to foreign participation in its markets more than its restrictions on the foreign purchase of Chinese housing and other property. The contrast between what … ( read original story …)
Top 5 Asian Property Markets for Chinese LGBT Home Buyers Revealed
Based on a new study by China property portal Juwai.com, international Chinese property buyers are split by lifestyle when buying homes abroad. As Chinese international property buyers become more num… ( read original story …)