Ant Group Co plans to spin off its consumer-credit data operations, people with knowledge of the matter said, a concession to aggressive regulators that should help the Chinese fintech giant get its … ( read…
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What Global Luxury Brands Need To Know About The China Market In 2021
China’s economy has been well-equipped to bounce back from the pandemic. But what new opportunities and challenges will luxury brands face in 2021? ( read original story …)
The rise of China’s cosmetic brands
Behind their masks, they are wearing lipstick and other makeup with determination, a resilience that has nurtured domestic brands and propped international brands that performed dismally elsewhere. ( read original story …)
China smartphone market to contract in 1Q21, says Digitimes Research
Smartphone shipments to the China market are expected to fall over 10% sequentially in the first quarter of 2021, after growing 19.2% in the fourth quarter of 2020, according to Digitimes Research’s … ( read…
Chinese Video IPO Goes Viral With Investors
Shares in Kuaishou Technology surged in gray-market trading ahead of its Hong Kong debut, after investors placed about $370 billion of orders for the $5.4 billion deal. ( read original story …)
Kuaishou seen rallying 170 per cent in Hong Kong IPO windfall that Ant Group failed to deliver for retail investors
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 …)
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…
