The world’s second largest beauty market – China – is burgeoning, but many brands are pulling out. Who is taking over that market share and how?
Tagged By business
ETH Target $1,350 on Sentiment Toward Fed Policy and the China Economy
Following a bullish Sunday session, BTC and ETH were on the rise this morning. China’s reopening and Fed policy paint a less gloomy economic outlook.
China tightens listing guidelines to funnel funding to strategic sectors
Securities regulator identifies some industries as off-limits to equity financing on Shanghai and Shenzhen exchanges …
Fitch unit: Philippine exports to soften in 2023 despite China reopening
Philippine exports are forecast to soften this year despite China, a major trading partner, emerging from strict pandemic restrictions as demand is likely to remain subdued because of a looming global …
Hong Kong Stresses Pro-Crypto Stance as Industry Reels
Hong Kong will be a great place for crypto, fintech and other startups to set up shop in the new year, the city’s financial secretary said on Monday, looking past the current upheaval in the…
Tencent-backed WeDoctor plans IPO filing by end of April
TENCENT Holdings-backed WeDoctor plans to file for an initial public offering (IPO) by the end of April, the latest sign of increased capital activity from China’s Internet companies as regulators …
UBS Sees Wealth Business Boost as China Reopens, Looks to Hire
UBS Group AG predicts an increase in business for its the bank’s key wealth division in Asia this year after a difficult period last year and is looking to add talent, its Asia Pacific president…
What does Jack Ma giving up control of Ant mean for its IPO reboot?
Chinese regulators torpedoed Ant Group’s would-be record US$34.5 billion (S$46 billion) initial public offering (IPO), sending shock waves across global capital markets. New rules have been slapped on …
No plan to launch IPO, Ant Group says
An Ant Group office building in Hangzhou, East China’s Zhejiang province. [Photo/IC] Alibaba’s financial arm Ant Group said on Monday that it has no plan to initiate an initial public offering …
Harnessing physical space to spur exports
But, displaying resilience and imagination, they are defying physical realm constraints and even chartering flights to travel to all parts of the globe, in order to attend trade shows, build rapport …
Jack Ma is giving up control of Ant. What does that mean for Ant’s IPO reboot?
The next big question for Ant is whether it will get another chance at going public now that billionaire Jack Ma, China’s most-famous entrepreneur, is ceding control. 1. What would need to happen for …
China’s ambitions for de-dollarisation take another step forward
China’s latest efforts to broaden interest in its onshore currency market show a firm commitment to bolstering the yuan’s global appeal as Beijing works on its approach to chip away at the US dollar’s …
Have no plan for IPO, focussing on business optimisation: China’s Ant
China-based Ant Group has said it has no plans for an IPO and has been focussing on its “business rectification and optimisation”. Earlier, Ant said Billionaire Jack Ma no longer holds a controlling …
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