Behind their masks, they are wearing lipstick and other makeup with determination, a resilience that has nurtured domestic brands and propped international brands that performed dismally elsewhere. ( read original story …)
Tagged By beijing
China smartphone market to contract in 1Q21, says Digitimes Research
Smartphone shipments to the China market are expected to fall over 10% sequentially in the first quarter of 2021, after growing 19.2% in the fourth quarter of 2020, according to Digitimes Research’s … ( read…
Chinese Video IPO Goes Viral With Investors
Shares in Kuaishou Technology surged in gray-market trading ahead of its Hong Kong debut, after investors placed about $370 billion of orders for the $5.4 billion deal. ( read original story …)
Kuaishou seen rallying 170 per cent in Hong Kong IPO windfall that Ant Group failed to deliver for retail investors
Kuaishou, Hong Kong’s hottest-ever retail stock offering, is set to hand investors a massive windfall based on pre-trading prices in the gray market, according to data published by local brokerages. ( read original story …)
The 2022 Beijing Olympics Are One Year Away. Covid Concerns Are Already on the Agenda.
The one-year countdown to the Winter Games has begun even as this summer’s Tokyo Games still face uncertainty because of the pandemic. ( read original story …)
Olympics-Before Beijing 2022 top Olympians focused on medals not pandemic, politics
Two of the world’s top winter athletes, Italian skier Sofia Goggia and Australian snowboarder Scotty James, said they were focusing on winning medals at the 2022 Winter Olympics, not the new … ( read original…
The Floundering Town-Builder of the Future Shows China’s Real-Estate Risks
The latest Chinese property developer to struggle with its liabilities shows that no corner of China’s financial markets can escape the heavily leveraged real-estate sector. ( read original story …)
China Overseas (00688) Jan property sales up 33.3%
ET Net News Agency, 4 February 2021] China Overseas Land & Investment Limited (00688) said for January 2021, the contracted property sales of the China Overseas Series of Companies amounted to … ( read original…
China’s Central Bank And Swift Set Up New Joint Venture
As tensions only mount between China and the US, CIPS and SWIFT have been both partners and competitors within the cross-border payment space. ( read original story …)
What does the Year of the Ox mean for luxury markets in China and beyond?What does the Year of the Ox mean for luxury markets in China and beyond?
While European and North American luxury markets shrunk in 2020, China’s grew by 50 per cent – thanks to patriotic consumers and KOLs – and luxury brands need to keep up … ( read original story …)
China’s Messy Car Repair Market Gets a Goldman-Backed Makeover
Car repair can be challenging in China, rife with the potential for disputes over the quality of service and parts and dominated by mom-and-pop stores. But the auto after-market industry is changing … ( read…
China’s coronavirus cases: Is the communist regime lying to the world?
China reported just 25 new cases of the coronavirus on the mainland Tuesday, according to the state-affiliated People’s Daily newspaper. ( read original story …)
US-China investment flows belie geopolitical tensions
Instead of decoupling financially, the US and China now have one of the largest and fastest-growing bilateral investment relationships in the world,” said Nicholas Borst at Seafarer Capital Partners, … ( read original story …)