China Literature’s Hong Kong coming-out party bodes well for future listings. The Tencent unit priced 151 million shares at HK$55 apiece after drawing orders for more than 600 times the stock available to individuals in…
Tagged By brands
Tencent Book Unit Begins New Chapter With Massive IPO
Based on an incomplete survey of eight brokerages in Hong Kong, the retail offering portion of China Literature Ltd.’s Hong Kong IPO is likely oversubscribed about 420 times. As the book closed midday Tuesday, those…
Four Seasons Education Seeks $101 Million In U.S. IPO
Four Seasons Education has proposed terms for a $101 million U.S. IPO. The firm operates as a proprietary math education service in China, primarily focused on the greater Shanghai region. Four Seasons has similar growth…
Letv ‘not involved’ in ChiNext probe of IPO fraud: source
A recent probe into former members of the IPO examination panel of the ChiNext stock market, a NASDAQ-style board, has nothing to do with Beijing-based Leshi Information Technology Co (Letv), domestic news site thepaper.cn reported…
‘It’s a disaster’ Trump brands US-China trade deficit ‘embarrassing’ ahead of Asia visit
The President also described the trade gap as “horrible” and told Cabinet officials today every trade deal America is involved in is “disastrous”. Mr Trump is set to embark on a 12-day tour to Asia…
How These Consumer Trends Will Affect Luxury Brands in China in 2018
The tastes of Chinese luxury shoppers are changing rapidly as the country itself is undergoing a dramatic economic and political transformation. In 2018, luxury brands face the question of how Chinese consumers’ mentalities and behaviors…
InterContinental Hotels Group to take wellness brand Even into China
Intercontinental Hotels Group (IHG) will take its wellness-focused Even Hotels brand into China for the first time, with the signing of four new management contracts. The first four Even Hotels will be located in Shanghai,…
The End of South Korea and China’s Missile Dispute May Be a Good Thing for ‘Brand Korea’
SEOUL, South Korea — China and South Korea are putting a long-running dispute behind them more than a year after Seoul’s decision to install a US Terminal High-Altitude Area Defense (THAAD) missile defense system. The…
How Alibaba makes Singles’ Day appealing to luxury brands
During the e-commerce marketplace’s second-annual see-now-buy-now shopping event, a kickoff to the Singles’ Day shopping holiday on November 11, brands only had seven minutes of stage time each to make a lasting impression. “China is…
The problem facing Trump’s China probe
Erin Ennis, of the US China Business Council, says about 20% of its members have faced pressure in China to transfer key technology in recent years, but adds that they also report that the environment…
Top 10 Most Popular Smartphone Brands in China 2017 (According to Weibo)
Just before the biggest online shopping events of the year, these are the most popular smartphone brands in China 2017 – a top 10 list compiled by What’s on Weibo. The sales of smartphones are…
What Impact Will Chinese Sharing Luxury Apps Have on Luxury Brands?
Recommended ReadingDior is the Top Relevant Luxury Brand Among China’s Generation Z, Report SaysBy Yiling Pan For Chinese millennials, a vast army of educated and tech-savvy consumers that make up nearly one-third of the total…
Here’s How Marketers Do Halloween in China
Recommended ReadingLuxury Brands See Online Frenzy for Chinese Valentine’s DayBy Rachel Zheng The rise of Halloween is not only catching the attention of marketers in China. In the U.K. where the holiday is traditionally less…
