Growth for the mainland Chinese luxury market is expected to climb by 48 percent to reach almost 346 billion yuan (around $52 billion) by the end of the year, according to Bain’s annual China luxury…
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Alibaba’s Ant Says ‘Looking Into The Mirror’ After IPO Fallout
Why It Matters: Jing isn’t the only Alibaba executive that has been singing Beijing’s paeans, post the axing of the mega IPO. Last month, Alibaba CEO Daniel Zhang had called Beijing’s draft rules to ……
China freezes pastor’s bank account in Hong Kong clampdown
China is targeting government opponents through financial institutions using a draconian national security law that’s already led to U.S. sanctions. ( read original story …)
Report: Mainland China Set to Become World’s Largest Personal Luxury Market by 2025
Mainland China is on track to become the world’s largest personal luxury market by 2025, according to a joint report by Bain & Co. and Tmall Luxury. ( read original story …)
Business-To-Consumer E-Commerce Market In China to Generate $ 385 Billion in Revenue During 2020-2024 | Research Report by
December 16, 2020 Tech … ( read original story …)
Business-To-Consumer E-Commerce Market In China to Generate $ 385 Billion in Revenue During 2020-2024 | Research Report by Technavio
Technavio has been monitoring the business-to-consumer e-commerce market in China and it is poised to grow by USD 3851.34 billion during 2020-2024, decelerating at a CAGR of … ( read original story …)
Strong Reasons Why Tesla’s Growth Will Be Supercharged In 2021 And Beyond From China
China will be the strongest spur to strong growth in 2021 and onwards for Tesla. Manufacturing production and sales revenue will drive the company forward in China. ( read original story …)
China prediction: When Beijing ‘enters global race’ to ‘secure Bitcoin’ price could spike
CHINA’S state-run media, CCTV, has publicised bitcoin’s “outshining” of gold, leading an expert to comment on what would happen if Beijing were to invest heavily in the cryptocurrency. ( read original story …)
MSCI deleting 10 China firms from some indexes, retaining them in others
MSCI Inc said on Tuesday it will delete the securities of 10 Chinese companies from some global indexes after the U.S. imposed restrictions on their ownership, but said it would also launch new … (…
Hong Kong issues its first crypto authorization to brokerage firm
There seems to be division in China on its position towards digital assets as regulators approve crypto trading services for institutional investors. This action is likely due to the fear of missing … ( read…
UPDATE 1-MSCI deleting 10 China firms from some indexes, retaining them in others
MSCI Inc said on Tuesday it will delete the securities of 10 Chinese companies from some global indexes after the U.S. imposed restrictions on their ownership, but said it would also launch new … (…
MSCI to delete 10 China companies from some indexes
MSCI Inc MSCI.N said on Tuesday it will delete the securities of 10 Chinese companies from some indexes after the U.S. imposed restrictions on their ownership. ( ( ross.kerber@thomsonreuters.com; (617 … ( read original story…
China Inc.’s IPO Haul From the U.S. and at Home Tops Records
China Inc raised money at home and overseas in initial public offerings like never before, buoyed by the country’s early emergence from the pandemic. ( read original story …)
