B osideng, the top China down jacket maker led by billionaire Gao Dekang, said on Monday sales and profit climbed in the six months to September, led by a boost in own-brand apparel purchases amid…
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China-founded e-commerce fashion start-up Shein files for US IPO
Valued at more than US$60 billion, Shein is expected to become the most valuable China-founded company to go public in the US since DiDi Global’s debut in 2021 at US$68 billion valuation.
Chinese fast-fashion retailer Shein files for U.S. IPO – WSJ
(Reuters) -China-founded fashion company Shein has confidentially filed to go public in the United States, the Wall Street Journal reported on Monday, citing people familiar with the matter. The …
Chinese fast-fashion Shein files for U.S. IPO- WSJ
China-founded fashion company Shein has confidentially filed to go public in the United States, the Wall Street Journal reported on Monday, citing people familiar with the matter. Reuters had reported …
Camus Cognac Plans to Build $30M Distillery in China to Create ‘World’s Most Aromatic Whiskies’
Global Drinks Intel reported that Camus Holdings, a brand known for its Cognac, is initiating a project to build a whisky distillery in China. The distillery is being built with a baiju producer …
Standard Chartered China Offering Exchange Services for Digital Yuan
The bank will give customers access to the digital RBM’s interconnection platform, offering recharge and redemption.
China’s former entrepreneurial golden child, Jack Ma, appears to be back with a food venture
Alibaba founder Jack Ma largely disappeared from public life following a crackdown by the Chinese government—now it seems he’s back.
China’s thermal coal imports jump, crowding out India
China’s imports of thermal coal in November are poised to surge to the second-highest monthly total this year, helping drive prices higher for the grades most commonly sought by the world’s biggest …
Alibaba shuts Quantum computing lab in sign of cutback after scrapping cloud unit’s IPO – report
Alibaba (NYSE:BABA) is shutting down its quantum computing research lab and will donate the equipment to Zhejiang University in the Chinese city of Hangzhou, Bloomberg News reported. The lab’s closure …
Jack Ma is betting on a new food business in China
“Ma’s Kitchen” has registered capital of 10 million yuan ($1.4 million), the system showed. The business is wholly owned by an entity named Hangzhou Dajingtou No. 22 Arts and Culture, of which Jack Ma …
Hong Kong’s Exports Unexpectedly Grow as China Demand Improves
Hong Kong’s exports rose last month for the first time in more than a year as trade with mainland China improved, providing some optimism for the financial hub’s economic outlook.
China’s inverter exports in October 2023 fell 20.4% MoM, shipments to Europe to remain sluggish in Q4
In October 2023, inverters were exported to 184 countries. Europe received 539,800 units, 17.35% of total exports, down 43.86% MoM. Africa got 748,000 units, 24.05% of total exports, down 25.2% MoM.
How US Limitations on Chip Exports Could Strain Nvidia Stock
US limits on chip exports to China have already reduced Nvidia’s international revenue and could stand to dampen some of the more bullish theses on the stock. Nvidia’s future growth hinges on its …