China is emerging as the next playing field for direct-to-consumer startups. The footwear brand Rothy’s, which sells online and recently announced it made $140 million in revenue in 2018, built … ( read original story…
Tagged By business
China retailers slash iPhone prices after Apple sales warning
The discounting, as steep as $118 (92.50 pounds) for the recently launched 64GB iPhone XR, is the latest sign that Apple’s weak holiday sales in China may have extended to the current quarter. The pri……
China’s Wanda files for U.S. IPO of sports unit to raise up to $500 million: sources
HONG KONG/NEW YORK (Reuters) – Chinese conglomerate Dalian Wanda Group has filed confidentially for a U.S. initial public offering of its sports unit that could fetch up to $500 million, according to … ( read…
US, China leave next steps for trade talks unclear
“We can confidently say that enough progress was made that the discussions will continue at a higher level,” said Craig Allen, president of the U.S.-China Business Council. “That is very positive.” Ch… ( read original…
Chinese internet brands to match Western tech
It’s not a joke that, China is about to have the world’s only internet brands that will match the Western countries in ambition, innovation and reach. Chinese brands like Baidu, Alibaba and Tencent ar… (…
How Will China’s New Online Video Censorship Affect Luxury Brands?
It’s difficult enough for foreign brands to produce successful marketing campaigns in China – there’s a long list of brands that have stumbled and/or caused offense in the country. Now, with the Chine… ( read…
Bathroom brands feeling flush
American Standard, a global bathroom and kitchen products brand, has been increasing its intelligent product proportion in China over the years, ever since their first smart bathroom product was launc… ( read original story …)
China start-ups hopeful as authorities ready Nasdaq-style tech board
China’s ambitions for a Nasdaq-style board for start-ups have galvanised the country’s tech companies who are hopeful they can sidestep complex initial public offering (IPO) hurdles and access easier … ( read original story …)
Chinese Tobacco Company Plans to go IPO in Hong Kong
China National Tobacco Corp., a state monopoly that is reportedly the world’s biggest cigarette manufacturer, plans to list itself on the Hong Kong stock exchange, despite pressure on the local govern… ( read original story…
China’s securities firms suffer a miserable 2018 amid slumping stock market, but analysts expect a better year ahead
Shanghai’s stock index ends 2018 as the world’s biggest loser as trade war, slowing Chinese economy weigh on confidence The firms’ investment banking business also took a hit, because of regulators’ h… ( read original…
More Details Emerge About Possible Executive Succession, IPO, and Layoffs at Bitmain, World’s Largest Cryptomining Firm
A new CEO is already in place at Bitmain, the world’s largest manufacturer of cryptocurrency mining equipment and operator of crypto mines, a source to Hong Kong news outlet The South China Morning .. ……
Chinese developer to launch IPO
Chinese property developer Helenbergh China plans to kick off the pre-marketing of its Hong Kong initial public offering of US$500 million (HK$3.9 billion) to US$700 million as early as next month.Hel… ( read original story…
Wilmar is RHB’s top plantation pick on China IPO despite dull downstream action ahead
SINGAPORE (Jan 10): RHB Research is keeping Wilmar International as its “top pick” for exposure to the plantation sector despite an unexciting year ahead for CPO prices. “We believe Wilmar will outper… ( read original…
