Kuaishou, Hong Kong’s hottest-ever retail stock offering, is set to hand investors a massive windfall based on pre-trading prices in the gray market, according to data published by local brokerages. ( read original story …)
Tagged By crypto
China Stockpiles Chips, Chip-Making Machines to Resist U.S.
China is taking decisive steps to protect itself from a widening U.S. technology ban, with imports of computer chips and the machines that make them surging last year. ( read original story …)
3TREES Paint Listed in ’2020 China Top 500 Companies for Patents’ Intellectual Property Rankings
A leading company in the Chinese coatings industry, SKSHU Paint Co., Ltd. (“3TREES”) was recently listed in the 2020 China Top 500 Companies for Patents, a ranking released by the Guangdong Enterprise … ( read…
China’s Central Bank And Swift Set Up New Joint Venture
As tensions only mount between China and the US, CIPS and SWIFT have been both partners and competitors within the cross-border payment space. ( read original story …)
What does the Year of the Ox mean for luxury markets in China and beyond?What does the Year of the Ox mean for luxury markets in China and beyond?
While European and North American luxury markets shrunk in 2020, China’s grew by 50 per cent – thanks to patriotic consumers and KOLs – and luxury brands need to keep up … ( read original story …)
China’s Messy Car Repair Market Gets a Goldman-Backed Makeover
Car repair can be challenging in China, rife with the potential for disputes over the quality of service and parts and dominated by mom-and-pop stores. But the auto after-market industry is changing … ( read…
China’s national blockchain network embraces global developers
While China bans cryptocurrency exchanges and initial coin offerings, the government is set to leverage the underpinning technology — often without the decentralized part. Blockchain, for instance, … ( read original story …)
China Heads for Record GDP Growth in Months of Wild Data Swings
China watchers are in for a wild ride of economic data in the early months of 2021, giving a largely distorted picture of the recovery from coronavirus shutdowns a year ago. ( read original story…
Farfetch and Gucci’s China E-commerce Partner Baozun Buys Competitor
Baozun is one of the largest service partners that help an increasing number of luxury brands execute their e-commerce strategies in China. ( read original story …)
Yum China Sees “Headwinds” As COVID Gains Ground; Profit Rose By 68% In 4th Qtr
Yum China, the China arm of Yum! whose restaurant brands include KFC, Pizza Hut and Taco Bell, warned of “significant headwinds” in its business in the first quarter as the number of COVID-19 cases ……
Yum China sees continued pandemic problems
Yum China Holdings Inc. warned the coronavirus would continue to create problems in the first quarter, as consumers avoid travel and officials impose rules to try to fight the spread of Covid-19. ( read original…
Rich Shoppers Stuck in China Fuel an Unlikely Boom in Duty Free
Stores in Shanghai, Beijing, Hainan, and beyond try to woo domestic tourists during the Chinese New Year holiday. ( read original story …)
Chinese cloud communication provider Cloopen Group Holding sets terms for $280 million US IPO
C loopen Group Holding, which provides cloud-based communication services in China, announced terms for its IPO on Wednesday. The Beijing, China-based company plans to raise $280 million by offering … ( read original story …)
