The market share of U.S. brands fell to 10.7 percent in the first eight months of 2018 from 12.2 percent a year earlier, according to the China Association of Automobile Manufacturers. The drop was ca……
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China hotpot firm Haidilao tests investor appetite with $1 billion HK IPO
HONG KONG (Reuters) – Haidilao International Holding, one of China’s most popular hotpot chains, is seeking to raise up to $963 million (739.24 million pounds) in its Hong Kong initial public offering … ( read…
Haidilao hotpot chain prepares for Hong Kong IPO
Beijing-based hotpot restaurant chain plans to raise as much as $1 billion via float Haidilao International Holding, Chinese mainland’s biggest hotpot restaurant chain, will kick-start its IPO on Wedn… ( read original story …)
China house prices to rise faster in 2018 in boost for cooling economy – Reuters poll
BEIJING (Reuters) – Home prices and property investment in China are expected to rise more this year than first thought, as tight controls in big cities continue to push buyers into less-regulated … ( read…
Dead Rat in Hotpot News Sends China Restaurant Stock Sliding
A Chinese restaurant operator is in hot water after local media reported that a customer discovered a dead rat in a meal. Shares of Xiabuxiabu Catering Management China Holdings Co. tumbled as much as ……
Chinese brands debut at New York Fashion Week
Chinese model and owner of the Maryma brand Ma Yanli stages her “Yun show” collection. (Photo via China Plus) The Maryma brand by Chinese designer Ma Yanli staged its “Yun show” collection on Sunday a……
Hong Kong’s Hot-Pot IPO: A Chinese Chain Serving Pig Brains and Giving Manicures
More than 90% are in mainland China, with the rest in Taiwan, Hong Kong, Singapore, South Korea, Japan and the U.S. Net profit rose 22% in 2017 to 1.19 billion yuan ($173.9 million), on revenue…
Hot-Pot IPO: A Chinese Chain Serving Pig Brains and Giving Manicures
A Chinese chain of hot-pot restaurants—where diners prepare their own dishes by dunking meat and vegetables in bubbling spicy soup—is cooking up a $12 billion valuation that would match Domino’s Pizza … ( read original…
Your Tuesday News Briefing: China, Russia, Climate Change
• The Trump administration is considering sanctioning China for the first time on human rights abuses — the mass detention of ethnic Uighurs and other Muslim minority groups. Some estimates suggest th… ( read original…
A Ruthless Ranking of Luxury Brands, By Way of Chinese Classroom Culture
Unlike in America, students in China are often assigned seats according to their academic performance, which gives everyone a visible hierarchy of success. So it makes sense to create a pecking order … ( read…
Flying Brands on track for commercial roll-out of StoneChecker software later this year
Once approved, the group aims to launch the software in the US, India and China by the end of the year while commercial … which received European CE clearance last December, Flying Brands raised £50……
China brands top Philippines smartphone growth
Competition in the Philippines’ smartphone market intensified in Q2 as the segment returned to growth following a weak start to the year, Counterpoint Research revealed. The company revealed smartphon… ( read original story …)
Shanghai to promote its time-honored brands
According to Shanghai Municipal Commission of Commerce, the city now boasts 222 time-honored brands. Among them, 180 enterprises are identified as “China Time-honored Brand” by the Ministry of Commerc… ( read original story …)