Ethereum wakes up as Chinese institution hops on the crypto bus while markets react to Joe Biden’s $1.9 trillion Covid-19 relief package. ( read original story …)
Tagged By import
JD Needs a Speedy Logistics IPO
Chinese e-commerce giant JD is looking to follow up on the successful spinoff of its healthcare unit by listing its logistics unit. It had better move fast. ( read original story …)
Chinese Beauty Brands Continue to Attract Investment
Chinese skincare brand Zhuben has secured $50 million in Series A funding, while male grooming brand DearBoyFriend has raised several million dollars. Zhuben, a direct-to-consumer skincare brand … ( read original story …)
USHOPAL completes another round of financing, raising 100 million USD, reinforcing leadership as a luxury beauty omni-brand partner for China
USHOPAL, a leading new luxury beauty and new retail group in China, has announced the completion of a 100 million USD round of financing, driving up its investment pool to 200 million USD, aimed at…
Dolce & Gabbana sue pair for reposting online 2018 anti-China rant that cost it sales in Asia, as label shuts more stores in China
Luxury fashion brand seeks US$670 million in damages for defamation from founders of social media account that reposted insulting comments attributed to Stefano Gabbana, who was reacting to criticism … ( read original story …)
IMAX China is ‘very well set’ for 2021: CFO
IMAX China’s CFO Jim Athanasopoulos is optimistic about the business in 2021 as the company expands its theatre footprint and starts bringing back more Hollywood content to China … ( read original story …)
China’s semiconductor imports surged year-on-year in January-February period amid global chip shortage
China’s imports of semiconductors and diodes surged in the January-February period, reaching the highest pace in the past six month amid faster economic recovery that boosted demand for semiconductors … ( read original story …)
China’s iron ore imports up on strong demand
China’s iron ore imports rose 2.8 per cent for the first two months of 2021 from a year earlier, with demand for the steelmaking ingredient … ( read original story …)
Vaccine exports lift brands’ presence
For example, since 2009, Sinovac has been promoting the clinical trials and registration of its inactivated vaccine against hepatitis A in South Korea. On Dec 29, the vaccine was approved by the local … (…
China still 30 years from being a top manufacturer: Ex-minister
Former industry minister Miao Wei says China’s basic capabilities are ‘still weak’, risks have significantly increased. ( read original story …)
Chinese Omnichannel Partner for High End Beauty Brands Raises $100 Million
Ushopal, a leading luxury beauty group in China that works with international brands including Natura Bisse, Juliette Has a Gun and Chantecaille, has announced the completion of a $100 million round … ( read original…
JD’s Fintech Arm Likely to Withdraw China IPO, SCMP Says
JD Technology, the fintech unit of Chinese e-commerce giant JD.com Inc., is likely to withdraw its application for an initial public offering on Shanghai’s technology-heavy Star Market, the South … ( read original story …)
China’s Quora-Like Zhihu Aims to Raise USD1 Billion via US IPO
Zhihu, China’s largest question-and-answer website, is looking to go public on the New York Stock Exchange to raise about USD1 billion. The platform, which had 75.7 million monthly active users in the … ( read…
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