Luxury brands are all for consumers treating each other and themselves. The Year of the Dog celebration in 2018 resulted in China’s retail and catering sectors posting a record US$146 billion worth of … (…
Tagged By business
Luckin Coffee Takes Aim At Starbucks With Potential US IPO
However, the sources cautioned that the IPO plans were still in their infancy … Luckin Chief Marketing Officer Yang Fei said at a presentation in Beijing, according to a past Reuters report, “What w… (…
Chinese brands rank in 2019 Brand Finance Global 500 report
The Industrial and Commercial Bank of China ranked as the world’s 8th most valuable brand, while Huawei, China’s leading global provider of information and communications technology infrastructure and … ( read original story …)
Trump optimistic about China trade talks, but wants markets opened to U.S. business
U.S. President Donald Trump expressed optimism about forging a comprehensive trade accord with China as high-level talks continued on Thursday, but said any arrangement that fails to open Chinese mark… ( read original story …)
China to ease IPO rules on planned board to lure tech titans
China will relax rules on IPOs for a planned Nasdaq-style tech board in Shanghai as it seeks to encourage start-ups to list at home after losing the likes of Alibaba and Baidu to Wall Street.…
Sinochem’s backtrack sends a fresh IPO warning
Beijing’s behemoths once listed regardless of market conditions … The company had sought to raise up to $2 billion from the IPO. However, it put the listing on hold late last year because early inve……
China to Scrap Price, First-Day Gain Limits to Entice Tech IPOs
(Bloomberg) — China will remove limits on IPO pricing and first-day gains under plans for a new tech-stock exchange aimed at avoiding losing the likes of Alibaba Group Holding Ltd. and Tencent Holdin… ( read…
U.S., China launch high-level trade talks amid deep differences
a small group of Chinese protesters held placards highlighting various grievances against the China’s government, including the unfair taking of properties. Some business groups watching the … ( read original story …)
Luxury stocks may yet lose luster despite China’s taste for Vuitton
Enduring momentum in Asia bears out for now brands’ argument that young, middle class Chinese are developing a lasting taste for high-end goods, after luxury stocks were battered in recent months by w… ( read…
China unveils draft rules for Nasdaq-style board for tech startups
China has published draft rules for a Nasdaq-style startup board in Shanghai, the China Securities Regulatory Commission said on Wednesday, potentially competing with Hong Kong and New York for listin… ( read original story …)
U.S. questions China’s subsidy programs in WTO document
The United States has accused China of hiding some trade-distorting subsidy programs from international scrutiny while disclosing others it does not need to, according to a document circulated on Wedn… ( read original story …)
Apple sees US-China tensions easing, services business growing
Apple said sales for its fiscal second quarter would most likely be lower than Wall Street expected, a signal that it continues to face weak demand for its iPhone, especially in China, the world’s big……
U.S., China face deep trade, IP differences in high-level talks
senior vice president of the U.S.-China Business Council. “I don’t think there’s going to be any big outcome,” Ennis said of the talks scheduled for Wednesday and Thursday. “Hopefully … ( read original story …)