More than 90% are in mainland China, with the rest in Taiwan, Hong Kong, Singapore, South Korea, Japan and the U.S. Net profit rose 22% in 2017 to 1.19 billion yuan ($173.9 million), on revenue…
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Hot-Pot IPO: A Chinese Chain Serving Pig Brains and Giving Manicures
A Chinese chain of hot-pot restaurants—where diners prepare their own dishes by dunking meat and vegetables in bubbling spicy soup—is cooking up a $12 billion valuation that would match Domino’s Pizza … ( read original…
A Ruthless Ranking of Luxury Brands, By Way of Chinese Classroom Culture
Unlike in America, students in China are often assigned seats according to their academic performance, which gives everyone a visible hierarchy of success. So it makes sense to create a pecking order … ( read…
Flying Brands on track for commercial roll-out of StoneChecker software later this year
Once approved, the group aims to launch the software in the US, India and China by the end of the year while commercial … which received European CE clearance last December, Flying Brands raised £50……
China brands top Philippines smartphone growth
Competition in the Philippines’ smartphone market intensified in Q2 as the segment returned to growth following a weak start to the year, Counterpoint Research revealed. The company revealed smartphon… ( read original story …)
Shanghai to promote its time-honored brands
According to Shanghai Municipal Commission of Commerce, the city now boasts 222 time-honored brands. Among them, 180 enterprises are identified as “China Time-honored Brand” by the Ministry of Commerc… ( read original story …)
Tea for Ten: Southeast Asia Thinks on How to Engage with a Rising China
“Many multinational companies, from American computer brands to German automakers, shifted from China-based manufacturing to a new pattern where many components are made in Southeast Asia and then shi… ( read original story …)
Nike, adidas, and 50 More Footwear Brands Ask Trump Admin to Drop $200B in China Tariffs
Over 50 footwear brands and hundreds more U.S. companies came together in a letter urging the Trump administration to reconsider a 25% tariff on $200 billion in Chinese goods. Notable footwear brands … ( read…
Ikea is latest big brand to feel heat in China over Taiwan
HONG KONG (CNNMoney) – Ikea is coming under fire in China for how it describes Taiwan, making it the latest in a string of global brands that have fallen foul of Beijing’s political sensitivities. The…
China’s biggest hotpot chain Haidilao taps Hillhouse, Morgan Stanley as cornerstone investors in up to US$963 million IPO
Haidilao, China’s biggest hotpot restaurant chain, has lined up US$375 million from five cornerstone investors including Hillhouse Capital and Morgan Stanley for its Hong Kong initial public offering, … ( read original story …)
A Luxury Brand Hierarchy by Way of Chinese Classroom Culture – Year 2
Unlike in America, students in China are often assigned seats according to their academic performance, which gives everyone a visible hierarchy of success. So it makes sense to create a pecking order … ( read…
Volvo Cars drops IPO citing trade tensions and downturn
BEIJING/PARIS (Reuters) – Volvo Cars and its owner Geely said … “We’ve come to the conclusion that the timing is not optimal for an IPO right now,” Volvo Chief Executive Hakan Samuelsson told Reuter… (…
China’s Geely puts brakes on Volvo Cars listing, trade war a concern: source
BEIJING (Reuters) – Chinese carmaker Geely [GEELY.UL] is delaying plans to list Volvo Cars [IPO-VOLVO.ST] due to uncertainties created by escalating trade tensions and the need to bolster the Swedish … ( read original story…
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