Founded in 1997 in Shanghai, Icicle has 240 stores in almost 140 cities in China and began expanding internationally in France a decade ago. It bought French fashion brand Carven out of bankruptcy in …
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China slashes wait times for loss-making tech firms seeking refinancing, fundraising
Three of China’s stock exchanges have relaxed fundraising time thresholds on listed tech companies as Beijing pushes for self-reliance.
Jimmy Lai sentenced to 20 years in prison by Beijing-backed court
Hong Kong democracy advocate and former media tycoon Jimmy Lai, who is 78 years old, has been sentenced to 20 years in prison by a Beijing-backed court. It is the longest sentence handed down under…
Shenzhen leads major cities with 5.5% GDP growth on tech edge
With an R&D investment intensity of 6.67 percent, Shenzhen now ranks first among cities nationwide. According to the report, this figure is projected to rise to over 7 percent by the end of 2030.
Soybeans Correct with Corn and Wheat Awaiting WASDE, More China Business
Risk off in the outside markets also played a role in the selling pressure according to Lane Akre, economist with Pro Farmer. However, he doesn’t think all the China demand is priced into the soybean…
The Panic That Built WeChat’s $700 Billion Super-App
Tencent had built its empire on QQ, a desktop messaging service with 600 million users. It was the connective tissue of Chinese internet life, sort of like the AOL Instant Messenger of the East.
China has reportedly told banks to scale back holdings of US government debt
A report on Monday said regulators told banks in China to dial back Treasury holdings. Bond yields edged higher and the dollar dropped.
China is waging war on stolen ideas
C hinese officials are at war with a fiendish little creature that stands about six inches tall and bears a striking resemblance to a Labubu doll, the sensational plush toy created by China’s Pop Mart…
Sentence for Hong Kong’s ex-publisher Jimmy Lai raises concerns as China defends it
The sentencing of Hong Kong’s onetime media magnate Jimmy Lai on Monday raised concerns from foreign governments and rights groups, but Chinese and Hong Kong authorities defended it, saying it …
Jimmy Lai: Lawmakers condemn China’s death sentence for UK citizen
The pro-democracy media mogul and eight co-defendants received lengthy sentences under Hong Kong’s National Security Law.
China critic and former media tycoon Jimmy Lai sentenced to 20 years in Hong Kong
Jimmy Lai, the pro-democracy former Hong Kong media tycoon and a fierce critic of Beijing, was sentenced on Monday to 20 years in prison in the longest punishment given so far under a China-imposed …
Playboy stock soars after signing $122 million China business deal
Investing.com — Playboy (NASDAQ:PLBY) stock surged 26% Monday after the company announced a major deal with United Trademark Group to sell half of its China business for $122 million in total cash …
China’s Xi signals tech ambitions in 5-year plan with tour of Beijing innovation park
Visit comes as Beijing prioritises tech-driven development and achieving self-reliance in its latest socio-economic blueprint.
