It is the second country after the US to possess interception technology which aims to knock out incoming missiles midflight. ( read original story …)
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Fast forward: China short-video app Kuaishou surges in jumbo IPO
Kuaishou’s initial public offering worth $5.4bn was the world’s biggest tech share sale since Uber went public in 2019. ( read original story …)
WPP Report Shows What Brands Can Learn from China’s Shopping Festivals
A recently released WPP report “Dates with Destiny” deciphers how brands can win over customers and generate sales at these shopping festivals. ( read original story …)
Stratospheric IPO Debut Makes China’s Kuaishou a Global Media Giant
Shares of Chinese social video company Kuaishou made a stratospheric start in their post-IPO debut on the Hong Kong Stock Exchange. Early trading on Friday morning saw their price nearly triple, … ( read original…
China Opens Its Doors to Foreign Junk
With little fanfare, China, the world’s biggest consumer of iron ore, opened its doors to 3,000 tons of Japanese scrap metal. It was the country’s first such import since it imposed a near-total ban ……
China Investors Evade Capital Controls to Buy Hong Kong IPOs
It’s not hard to find reasons why cash is pouring into Hong Kong initial public offerings at a record pace: rock-bottom interest rates, frothy markets, pandemic boredom. ( read original story …)
China should promote free movement of digital data, government think tank says
Data-related trade set to become a new economic growth driver, deputy director of the Development Research Centre of the State Council says in new study. ( read original story …)
Kuaishou Nearly Triples After Biggest Internet IPO Since Uber
Kuaishou Technology, the operator of China’s most popular short-video service after ByteDance Ltd.’s Douyin, jumped 194% in its Hong Kong debut after a $5.4 billion initial public offering that … ( read original story …)
It’s Joe Biden’s Technology Cold War Now
Joe Biden’s administration is being confronted with tough decisions about the technology cold war with China that took off under his predecessor. A lawsuit brought by Xiaomi Corp. presents a catalyst … ( read original…
Prada Shakes Up China Retail Strategy, Shuts Plaza 66 Flagship
No brand will leave such a prime location unless a much more appealing option is offered, as two nearby malls will reopen end of 2021. ( read original story …)
China Investors Evade Capital Controls to Snap Up Hong Kong IPOs
It’s not hard to find reasons why cash is pouring into Hong Kong initial public offerings at a record pace: rock-bottom interest rates, frothy markets, pandemic boredom. ( read original story …)
Kuaishou’s $5 billion IPO: Everything you need to know about the TikTok rival
Kuaishou is set to go public in Hong Kong on Friday. CNBC takes a look at the challenges ahead, and how the Chinese short video app aims to make money. ( read original story …)
How Coach Is Conquering China — From Douyin to Drone Light Shows
Click here to read the full article. As fourth-quarter footwear and fashion earnings continue to roll in, one business trend is dominating: China is a huge bright spot. Companies like Tapestry Inc. ( read original…
