Also appearing on the Durant Guild’s stand at the CIIE is the all-electric Hummer EV SUV, which made its maiden appearance in China at the expo. The vehicle combines off-road adventure with zero …
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China to impose no tariffs on products from select countries
China will grant zero-tariff treatment on 98 percent of currently taxable products from 10 less-developed countries starting on Dec 1, 8,786 items in total The 10 countries are Afghanistan, Benin, …
Luxury, Apparel, Beauty Brands Showcase Technology Innovations At China’s Fifth CIIE Fair
Despite strict COVID-19-related restrictions, luxury, apparel, beauty brands actively participated in this year’s CIIE.
Alibaba and brands focus on loyalty programs as Singles Day pre-sales fail to see significant growth
Pre-orders on Alibaba’s Tmall in the last week of October were flat from a year earlier and the number of merchants participating in pre-sales has dropped …
Huaxia Eye Hospital IPO Mints China’s Latest Billionaire
China’s wealthiest entrepreneur in the eyecare field is Chen Bang, chairman of the Aier Eye Hospital Group. Chen has a fortune worth $11.5 billion on the Forbes Real-Time Billio …
China’s Kuaishou says state broadcaster has no veto rights over business
BEIJING (Reuters) -Chinese online video company Kuaishou dismissed as untrue on Wednesday what it called “online rumours” that a state broadcaster would be able to veto its business decisions after …
IPO Update: AgiiPlus Seeks $39 Million In U.S. IPO
AgiiPlus is seeking U.S. public capital market investment to fund its corporate growth initiatives and general working capital needs. Find out why I’m on Hold for the AGII IPO.
Australia’s Penfolds bets on China-made wine to rebuild tariff-hit business
Australia’s biggest wine company has been one of the worst corporate casualties of recent frictions with China after Beijing began an anti-dumping probe into Australian wine imports in 2020 that …
China’s Oct new yuan loans seen sliding as demand weakens
China’s new yuan loans likely slumped in October from September, a Reuters poll showed, as stringent curbs to stamp out COVID-19 outbreaks and a property sector debt crisis hurt economic activity and …
China’s Kuaishou says state broadcaster has no veto on decisions
China’s Kuaishou dismissed as untrue on Wednesday what it called “online rumours” that a state broadcaster would be able to veto its business decisions after having taken a stake in its Beijing unit.
Gap sells its China business to Baozun for $40 million; deal likely to close by mid-2023
Bringing an end to its 12-year foray in the region, San Francisco-based Gap has finally given a green signal to sell its Greater China business to Chinese e-commerce services provider Baozun Inc for a …
Archean Chemical IPO opens today: GMP, price band, lot size and more
The issue has a price band of Rs 386 to Rs 407 per share. At the upper end of the price band, the share sale is expected to fetch Rs 1,462.3 crore …
Global brands think local as they tie up with state-owned entities to woo customers with China-centric products
Foreign companies are increasingly working with Chinese brands, but some have also tied up with state-owned companies to target the nation’s 1.4 billion consumers.
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