The Beijing-based company listed in Hong Kong for HK$54.3 billion … in Hong Kong’s second-largest IPO last year, saw a wave of selling in January. Investors were keen to rid themselves of the stock ……
Tagged By business
China’s OBOR initiative a global security challenge: European experts
She observed that a huge challenge facing China would be the need to provide legal certainty for business, while also maintaining its political oversight of the judiciary. Andrew Small, Senior Transat… ( read original story…
China has actually been closing for business for the last decade
China has actually been closing its economy for that last 10 years, and now it appears when the country would like to stop, it can’t. At least not without a significant amount of pain. When…
Why luxury brands cannot depend on Chinese millennials for future prosperity
However, a new report from the Chinese research agency Yaok Institute, published on January 14, questions whether the millennial market in China is a sustainable revenue source for luxury brands. Defi… ( read original story…
IPO Update: Puyi Proposes Terms For ‘Best Efforts’ IPO
PUYI is achieving only moderate growth on a small revenue base, faces growing competition, and the IPO is pricey. Guangzhou, China-based Puyi was founded in 2010 to provide wealth management … ( read original story…
How Cultural Insensitivity is Plaguing Luxury Brands in China
Chinese buyers presently snap up around a third of the world’s luxury goods, which makes China an appealing market for luxury brands as well as an influential one. But attempts by the luxury industry ……
China-focused SPAC Wealthbridge Acquisition prices $50 million IPO at $10
Wealthbridge Acquisition, a blank check company targeting the air transportation industry in China, raised $50 million by offering 5.0 million units at $10, as expected. Each unit consists of one ordi… ( read original story…
Toyota earnings buoyed by China, but U.S. weakness persists
Japan’s biggest automaker attributed the smaller forecast to unrealized losses from equity investments, but, in an indication that business was still strong … as strong demand in China for its cheap … ( read original…
Lobsters and parkas: Huawei dispute does little to diminish Chinese demand for Brand Canada
Who would think a clash between China and Canada is a priority?” Canada may struggle to brand itself on the global stage, but in China, Brand Canada connotes a sense of reliability, cleanliness and au……
EU nixes deal to create rail giant able to stand up to China
BRUSSELS – European Union authorities on Wednesday blocked a deal to create a rail giant that could compete with China, angering France and Germany so much that they vowed to change the way the EU…
Luxury goes local as Chinese shoppers gravitate towards home-grown brands
According to Mintel China, another market research company, niche luxury brands are particularly popular among women between the ages of 20 and 24, who are single and have a postgraduate or higher deg… ( read…
China bans brands from marketing beauty products as ‘medical’
China has passed new regulations banning brands from marketing beauty products as having medical benefits. The regulations passed by China’s Food and Drug Administration (CFDA) aim to stamp out the pr… ( read original story…
Tencent-Backed Chinese Movie Ticketing App Maoyan Makes Lackluster IPO Debut
The underperformance followed the trend of weak new stock listings amidst US-China trade tensions. Maoyan’s shares opened at $1.889 (HK$14.82), less than 1 percent higher than its initial public offer… ( read original story …)
