BEIJING • China will focus on the stable development of its capital markets this year, but will press ahead to further open its markets to foreign companies, the top securities regulator said yesterday. “We will…
Tagged By brands
Hiring ‘Princeling’ Complicates Business in China for Global Banks
Two of the biggest global banks, HSBC and Citigroup, announced they are under investigation by the U.S. Securities and Exchange Commission (SEC) for candidate hiring practices. It’s believed that the investigations focus on the banks’…
Buy AIA For Its China Growth: Credit Suisse Upgrades
Insurer AIA Group (1299.Hong Kong) has seen spectacular business opportunities in China, growing its new businesses there by 41% annually since 2010. Last year, AIA managed to grow the value of new business, a metric…
Massive investment planned in ‘Made-in-China’ industrial robots
China has seen rapid growth in its research and development … Other Chinese companies involved in automation business may also be worth some attention, including Shanghai-listed Shanghai Baosight Software, WuXi Xinje Electric, and Shenzhen-listed ……
State-run oil giant taps China's vast geothermal reserves
BAODING, China — Chinese state-run energy giant Sinopec has drilled hundreds of wells across the country without finding a single drop of oil. But that was precisely the point: instead of black gold, the almost…
China Bank nets P6.45B
Sy family-led China Banking Corp. grew net profit last year by 15 percent to P6.45 billion on higher interest earnings, fee-based revenues and treasury gains. Reporting sustained growth in core businesses across all market segments,…
First China-produced passenger plane set for its maiden voyage
YIN LIQIN / FOR CHINA DAILY Chinese manufacturers are preparing to take the nation’s first passenger plane on its maiden flight. The locally designed and built aircraft marks a significant milestone in Chinese manufacturing, as…
China's unicorn shortcut sidelines IPO reform
The securities watchdog is mulling faster IPO approvals for big tech names … from Hong Kong and New York will come at the expense of genuine liberalisation. Beijing’s micromanagement of the pace and pricing of…
China’s Condom Conundrum: 30 Percent of Foreign Brands Fail Quality Standards Says Government
Foreign condom brands vying for a greater share in the Chinese market suffered a blow recently when several failed to pass quality control standards. According to China’s General Administration of Quality Supervision, Inspection and Quarantine…
Global luxury brands failing to leverage WeChat-led omni-channel to conquer China
Leading global luxury brands have little or no direct e-commerce offering in China, because they are failing to develop proper cross-channel strategies led by WeChat commerce. Luxury brands have trailed other retailers in digital adoption,…
500 years ago, China destroyed its world-dominating navy because its political elite was afraid of free trade
Vmenkov / Wikimedia, CC In the 1400s, China owned the greatest seagoing fleet in the world, up to 3,500 ships at its peak. (The U.S. Navy today has only 430). Some of them were five…
Report: Chanel, Prada Among Brands Chinese HNWIs Most Aspire to Buy in 2017
Prada is listed as the number two luxury brand China’s millionaires aspire to buy in the next year, according to a recent report by Agility Research and Strategy. (Shutterstock) Chinese consumers have often been referred…
Global luxury brands failing to leverage WeChat e-Commerceled omni-channel to conquer China
Leading global luxury brands have little or no direct e-commerce offering in China, because they are failing to develop proper cross-channel strategies led by WeChat commerce. Luxury brands have trailed other retailers in digital adoption,…
