In the latter stages of the quarter, that included introducing the Lee brand at 2,000 Walmart stores, where the company already sold Wrangler. Kontoor has also executed a delayed soft launch in China … (…
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Mom-and-pop investors bid record $3 trillion for Ant Group’s IPO
Retail investors placed bids for a record $3 trillion of shares in Ant Group Co Ltd’s dual listing in an unprecedented show of interest by mom-and-pop savers betting on demand for its … ( read…
China’s operators see slight growth, 5G users up
Three Chinese operators steer a steady course in the first three quarters of the year with moderate revenue growth. ( read original story …)
UK to showcase over 100 brands in China International Import Expo
LONDON, Oct. 30 (Xinhua) — More than 100 British brands will be showcased in the upcoming China International Import Expo (CIIE) as Britain and China “share a global outlook” and London sees the … (…
New Zealand oral care brand thinks big on China market in CIIE
“China is the world’s largest consumer market. It is also the world’s most diversified and inclusive market which gives platforms and opportunities to potential new brands like us. Chinese consumers … ( read original story…
Blockchain Bites: Ripple’s MoneyGram Pump, OKEx’s Bitcoin Cash Plan, Bitcoin’s Birthday
Huawei’s DC/EP hardwar China’s digital yuan looks closer than ever to launch … Citing high gas fees and slow blocktimes, Audius said it will migrate part of its system to Solana’s blockchain from an ……
Top 10 most valuable Chinese brands in 2020
China’s 100 most valuable brands have seen their total value rise 12 percent year-on-year to $996.4 billion this year, according to the 2020 BrandZ Top 100 Most Valuable Chinese Brands list … ( read original…
China Fintech Firm Lufax Set to Raise $2.4 Billion in U.S. IPO
Chinese financial technology firm Lufax Holding Ltd. raised $2.4 billion in a U.S. initial public offering priced at the top of an indicative range, according to people familiar with the matter, just … ( read…
Ant Group’s IPO sees record $3 trillion in retail demand
“It’s a definite thing that one day a Chinese company will have the largest IPO ever but it just came quick,” said Beijing resident Ms Qin, 23, a consultant with one of the leading banks…
Jack Ma’s Ant IPO Lures $3 Trillion of Bids in Retail Frenzy
The biggest initial public offering of all time has unleashed an investor frenzy for the record books.Individual investors in Hong Kong and Shanghai placed orders worth at least $3 trillion for shares … ( read…
China Telecom leads mobile growth in September with nearly 1.7 mln new customers
China Telecom added the most new mobile subscribers in China in September, growing by around 1.66 million to a total of 349.35 million. Market leader China Mobile added 279,000 customers to reach 946. ( read…
China Unicom’s 9-month revenue grows 4.4%, loses 9 mln mobile subscribers
China Unicom posted total service revenue of CNY 207.34 billion for the first nine months of 2020, which represents an increase of 4.4 percent year-on-year. Mobile service revenue reached CNY 116.53 … ( read original…
On Alibaba’s Singles Day, Chinese shoppers are set to splurge on foreign brands as fewer travel overseas
With fewer Chinese going abroad, foreign brands are likely to be a big hit on the annual Singles Day shopping festival, an Alibaba executive told CNBC. ( read original story …)
