(18th). It is currently at HK$0.34 on Phillip’s grey market, 4.62% higher than the IPO price of HK$0.325. Based on 10,000 shares per lot, excluding handling fees, the book value gain per lot is HK$150…
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Burberry sales hit by Covid outbreaks in Mainland China
Burberry has been hit by the resurgence of Covid in its largest market and key growth country China posting only a 1% rise in store sales across the group for the three months until the…
Copper price slides as China’s GDP misses forecasts, and European car sales plunge – business live
China’s economy shrank 2.6% in April-June, as Covid lockdowns added to pressures on global economy Mining giant Rio Tinto has warned that the economic outlook is weakening due to the Russia-Ukraine …
China’s economy could beggar its neighbours
China’s export manufacturing machine is more important than ever with domestic output growing just 0.4% year-on-year in the second quarter. Given weak consumption and cooling global demand, it makes …
China says relationship with Australia ready to ‘set sail again’ amid hopes coal import ban will be scrapped
Wang Yi’s declaration that China willing to ‘recalibrate’ ties accompanies possibility of compromise on trade disputes …
Brand New Vehicle By CHERY Ready to Launch in Spain?
According to statistics released by the China Association of Automobile Manufacturers, in June 2022, Chinese automobile manufacturers exported 249,000 vehicles a month, breaking the 200,000 mark again …
China lockdowns limit Burberry’s first-quarter sales growth to 1%
British luxury brand Burberry BRBY.L on Friday said its first-quarter comparable store sales rose by 1%, limited by COVID-19 lockdowns in China, its biggest market. Outside mainland China, the company …
Fruit and vegetable exports to China slump by 34%
VOV.VN – Vietnam’s fruit and vegetable exports to the Chinese market during the first half of the year dropped by 34% to US$799.7 million on-year, according to figures given by the General Department …
Explained | Who is Ruja Ignatova and what is the OneCoin crypto fraud?
Ruja Ignatova is the latest entrant to the FBI’s Ten Most Wanted Fugitive List. She is alleged to have devised a crypto-based fraud that siphoned $4 billion out of victims based in Europe, North …
China’s top carmakers start to challenge Japan’s strongholds
After steadily improving engineering, design, quality, while adding scale, at home, more recently with electrified vehicles, China’s major automakers are targeting two key segments long dominated by …
China to further stabilize foreign trade in H2
China will take a raft of measures to stabilize and improve the quality of foreign trade in the second half of the year (H2) to consolidate its resilience, a commerce official said Thursday. In the…
Lululemon set to expand presence in China
Lululemon Athletica Inc, a Canada-based athleisure apparel company, is expecting China to become its second-largest market worldwide by 2026 through new store openings, an expanding product portfolio …
China’s economic growth falls to 0.4% amid COVID shutdowns
China’s economy contracted in the three months ending in June compared with the previous quarter after Shanghai and other cities were shut down to fight coronavirus outbreaks, but the government said …
