Oppo has become the number one smartphone brand in China for the first time in January 2021, according to a report from Counterpoint Research. Oppo’s market share reached 21 percent in January, … ( read…
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Blockchain in Five-Year plan, Meitu buys crypto: Blockheads
Blockchain and the digital yuan were included in China’s 14th Five-Year Plan and photo-editing app Meitu bought nearly $40 million of crypto. ( read original story …)
Carlyle-Backed China Biotech Firm Plans Hong Kong IPO
Abbisko Therapeutics Co., an oncology-focused Chinese biotech company, is planning a Hong Kong initial public offering that could raise about $250 million, according to people familiar with the matter … ( read original story …)
Gap Said to Weigh Sale of China Business as Sales Lag Behind
Gap Inc. is weighing options including a potential sale for its China business, according to people with knowledge of the matter, as the U.S. clothing retailer looks to revamp the operation in the … (…
Chinese Fintech Giant JD Technology Is Reconsidering Potential $3B IPO due to Nationwide Regulatory Crackdown
Chinese Fintech giant JD Technology is reconsidering potential $3B IPO due to nationwide regulatory crackdown. ( read original story …)
China’s foreign trade surges 32.2 pct in first two months
A Yemeni trader selects teapots while communicating with his Saudi Arabian client via video link at the Yiwu International Trade Market in Yiwu city of east China’s Zhejiang Province, Jan. 14, 2021. ( read original…
Counterpoint says OPPO #1 Smartphone Brand in China for January 2021
OPPO has risen through the ranks to become the number one smartphone brand in China for the first time in January 2021, according to Counterpoint Research’s Market Pulse Service. OPPO’s market share … ( read original…
Gap Is Said to Weigh Sale of China Business as Sales Lag Behind
Gap Inc. is weighing options including a potential sale for its China business, according to people with knowledge of the matter, as the U.S. clothing retailer looks to revamp the operation in the … (…
Gap weighing sale of China business- Bloomberg News
Apparel retailer Gap Inc GPS.N is weighing options including a potential sale of its China business, Bloomberg reported on Monday, citing people with knowledge of the matter. The report said the Old … ( read…
C-Beauty Unicorn Yatsen Introduces New Cosmetic Brand Pink Bear
A week after revealing plans to buy Eve Lom from Manzanita Capital Ltd., C-Beauty unicorn Yatsen Holding Ltd., the parent company of cosmetics and skin care brands Perfect Diary, Little Ondine, Abby’s … ( read…
Gas Imports Surge As China Sees Coldest Winter In Decades
Natural gas imports to China jumped by 17.4 percent on the year in the first two months of the year to 28.68 billion cubic meters thanks to the coldest winter in decades … ( read…
Good Economic News Takes Backseat To Growth Sell-Off In China
Imports from the US and India were up 66.4% and 50.1%, respectively, growing faster than the EU’s share, which increased by 32.5%. ( read original story …)
JD Needs to Move Fast With Logistics IPO
Chinese e-commerce giant JD is looking to follow up on its healthcare unit’s successful IPO by listing its logistics unit. It had better move swiftly lest Chinese stocks lose more steam. ( read original story…
