LVMH’s commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth in recent years.
Tagged By beijing
China’s stock-market pullback offers ‘secondary entry point’: BTIG’s Krinsky
Investors in exchange-traded funds tracking China stocks may be feeling some motion sickness after the country’s stock market rocketed higher late last month in the wake of fresh stimulus measures and …
China Resources Beverage Seeks Up to $649 Million in Hong Kong IPO
China Resources Beverage Holdings Co. is seeking to raise as much as $649 million in its Hong Kong initial public offering, one of the city’s largest listings this year.
China keeps adding countries to its visa-free list
In 2023, the country first started testing a trial visa-free policy in which citizens of European countries such as Austria, Belgium, France, Germany, Hungary, Ireland, Italy, Luxembourg, the …
China Resources Beverage prices IPO with plan to raise circa $608m
China Resources Beverage plans to raise more than $600m from a listing in Hong Kong as the soft drinks maker kicked off its IPO. The offer began yesterday (15 October) for the issuance of about…
Louis Vuitton owner LVMH sales slump on weak China demand, shaking luxury sector
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking back up by the afternoon.
EXCLUSIVE: RéVive Skincare Acquired By China-based Conglomerate S’Young Group
The brand, founded by Dr. Gregory Brown in 1997, has changed hands seven years after Tengram Capital Partners acquired it from Shiseido.
China Issues Nuclear Weapons Statement on Anniversary of Atomic Bomb Test
Mao’s remark is the second nuclear statement issued by China in this month. On October 10, Sun Xiaobo, director general of the Department of Arms Control under the Chinese Foreign Ministry, urged …
Trade War with China Would Hurt US Farmers: Report
A new study highlights the risks to American farmers if a United States-China trade war reignites, showing that tariffs would harm U.S. corn and soy producers while benefiting South American …
China’s Xi Makes Rare Visit to Taiwan-Facing Province
China’s leader did not comment on the recent military exercises during his visit to the region, according to the Xinhua News Agency.
Pandover complete: China’s furry envoys arrive in D.C. for a 10-year mission
A pair of giant pandas left China on Monday for the National Zoo, taking up residence in the nation’s capital weeks before the U.S. presidential election.
IPO-bound Waaree Energies flags export challenges to US amid scrutiny over Chinese forced labour concerns
Waaree currently exports 44 percent of its manufactured modules and the US is one of its key markets. The company is planning to set up a 1.6 gigawatt module facility in Houston.
CR Beverage to use US$640 million IPO to fund expansion, supply chain efficiency
It may increase the size of the IPO by 52.2 million shares to meet excess demand if necessary. Assuming an offer price of HK$14, CR Beverage will generate net proceeds of HK$4.72 billion after underwriting…
