That case may be harder to defend now that the collateral damage includes one of America’s most recognizable brands. Apple Inc. on Wednesday lowered its outlook for first-quarter revenue after a large… ( read original…
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Can China’s debt-ridden millennial and Gen-Z shoppers continue to prop up their favourite luxury brands?
The Chinese dream of luxury brands is largely dependent upon the nation’s millennial and Generation-Z shoppers, whom global management consultants Bain & Company estimated would account for 46 per cen… ( read original story …)
U.S.-China trade war takes toll on global manufacturing
Survey compiler IHS Markit cautioned the improvement did not herald a big change in the outlook for Britain’s stuttering economy — it was caused in large part by manufacturers stockpiling … in a si… (…
Huawei, Xiaomi, OPPO and Vivo to maintain lead in China in 2019
The Chinese smartphone was led by Huawei, Xiaomi, OPPO and Vivo brands in China in the previous year. Industry experts are of the view that the four companies will continue to maintain their lead in…
Building a brand key to catering success
China Restaurant Insider CEO Qin Chao, host of the summit, said it is a golden age for catering. Founder of the Grandma’s Home restaurant chain Wu Guoping spoke about design in catering. He said that…
Overseas unit of China’s cigarette monopoly files for Hong Kong IPO
HONG KONG (Reuters) – China Tobacco International, the overseas subsidiary of China’s state-owned tobacco monopoly and the world’s largest tobacco producer by volume, has filed for a Hong Kong initial … ( read original story…
China National Tobacco, the world’s largest cigarette maker, plans Hong Kong IPO for international unit
China National Tobacco, a state monopoly that is by far the biggest cigarette maker in the world, plans to list its international unit on the Hong Kong stock exchange even as pressure increases on the…
China approved less IPOs in 2018 after tightened vetting process
China’s securities watchdog approved 102 initial public offering (IPO) applications in 2018, down from the record-breaking 401 in 2017, as a way to ensure the quality of listed companies via tightened … ( read original…
Chinese securities watchdog approves less IPOs in 2018
BEIJING, Jan. 1 (Xinhua) — China’s securities regulator approved 102 initial public offering (IPO) applications last year, down from 401 in 2017, according to industry data. Companies that have compl… ( read original story …)
China’s factory activity shrinks for first time in two years
China’s factory activity shrank in December for the first time in more than two years, an official survey showed Monday, intensifying pressure on Beijing to reverse an economic slowdown as it enters t… ( read…
Canada Goose Takes Flight On Beijing Store, China Trade Deal Hopes
However, the 2017 IPO has tumbled about 40% from its Nov. 14 peak of 72.27 … according to shoppers who braved the cold to attend the Beijing store opening. “It’s been popular for ages, but…
In fraught 2018 for China and U.S., Chinese IPOs raised billions on U.S. exchanges
In China, the number 8 is an omen of good luck and prosperity. 2018 was lucky for Chinese IPOs, but not so much for their U.S. investors, who instead found an unlucky 13% decline. With…
China factory activity shrinks for first time in over 2 years, 2019 looks tougher
A gauge on overall production fell to 50.8, the lowest since February, from 51.9. New orders – an indicator of future activity – continued to soften, reinforcing views that business conditions in Chin… ( read…
