Yang said Quanzhou, in southeast China’s Fujian province, has numerous SMEs that produce life-necessities such as clothes, shoes, umbrellas and zippers. Top designers are in dire need as these enterpr… ( read original story …)
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China’s Tencent Music seeks $2 billion in U.S. IPO: sources
HONG KONG (Reuters) – Tencent Music Entertainment Group, China’s biggest music-streaming company, is seeking to raise about $2 billion in a U.S. listing, according to three people close to the … ( read original story…
Meituan Dianping stock price surges 5.7% after IPO
Meanwhile, the financial sector is showing mixed feelings towards the IPO. Some insiders, including China’s financial information platform The Wall Street CN (paywall, in Chinese) found it hard to cal… ( read original story …)
China’s premier appeals for free trade amid tariff battle
“China will never go down the path of stimulating exports by devaluing its currency,” Li said. The premier promised to “improve the business environment” for foreign companies. He affirmed promises to … ( read original…
Silicon Valley Waits as China’s Unicorns Race to Public Markets
Their counterparts in China are taking a different path, rushing to the public markets to cash in. *Xiaomi calculation includes cofounder share sales in IPO; *Meituan Dianping has not listed yet as of … (…
COS joins sister brand H&M on Tmall and opens China stores
H&M Group spin-off COS is set to open a store on China’s Tmall “next month”, according to sources in China, which also reveals that the Tmall store is likely to be the brand’s only ecomm…
Mobile Payments Leader Alipay China’s “Most Relevant Brand”
We’ve heard a lot about Alipay’s almost frantic expansion both inside and outside China over the last several months, and it’s a strategy that seems to be paying dividends for Ant Financial. A new rep……
Loss-making Fonterra splashes out on 5-star China conference
More than 100 people attended the event, promoting the fact Fonterra accounts for 36 per cent of all dairy imports into China and its Anchor brand has become the top imported consumer choice in just…
Sunshine Secures Strategic Investment To Fuel Growth In US & China
most recently Chairman of Greater China and Special Advisor of Chief Executive Officer at Bacardi Limited; said, “Sunshine’s focus on working with media and rights owners to bring long term brand … ( read original…
Lagardere Sports announces new brand strategy
Instead, they yearn for specific and creative services to empower their brands,”said Echo Li, vice-president of the greater China region for Lagardere Sports and Entertainment. Li said the move … ( read original story …)
Make in China: Why it Works for Small Businesses
Domestic watch brands import components from overseas too, mainly China. In the budget announcement of 2018, the finance ministry raised import duties on finished wristwatches and parts sharply by dou… ( read original story …)
China’s Tencent Music halves U.S. IPO to $2 billion – sources
HONG KONG (Reuters) – Tencent Music Entertainment Group, China’s biggest music-streaming company, has halved the amount it is seeking to raise in a U.S. listing to about $2 billion, according to … ( read original…
Meituan Dianping sets IPO price at HK$69
Tech giant Tencent became the largest shareholder, with $400 million and the State-owned China Structural Reform Fund committed $100 million for the IPO. The other $1 billion was committed by … ( read original story…
