China has actually been closing its economy for that last 10 years, and now it appears when the country would like to stop, it can’t. At least not without a significant amount of pain. When…
Tagged By ipo
Why luxury brands cannot depend on Chinese millennials for future prosperity
However, a new report from the Chinese research agency Yaok Institute, published on January 14, questions whether the millennial market in China is a sustainable revenue source for luxury brands. Defi… ( read original story…
IPO Update: Puyi Proposes Terms For ‘Best Efforts’ IPO
PUYI is achieving only moderate growth on a small revenue base, faces growing competition, and the IPO is pricey. Guangzhou, China-based Puyi was founded in 2010 to provide wealth management … ( read original story…
How Cultural Insensitivity is Plaguing Luxury Brands in China
Chinese buyers presently snap up around a third of the world’s luxury goods, which makes China an appealing market for luxury brands as well as an influential one. But attempts by the luxury industry ……
China-focused SPAC Wealthbridge Acquisition prices $50 million IPO at $10
Wealthbridge Acquisition, a blank check company targeting the air transportation industry in China, raised $50 million by offering 5.0 million units at $10, as expected. Each unit consists of one ordi… ( read original story…
Toyota earnings buoyed by China, but U.S. weakness persists
Japan’s biggest automaker attributed the smaller forecast to unrealized losses from equity investments, but, in an indication that business was still strong … as strong demand in China for its cheap … ( read original…
Lobsters and parkas: Huawei dispute does little to diminish Chinese demand for Brand Canada
Who would think a clash between China and Canada is a priority?” Canada may struggle to brand itself on the global stage, but in China, Brand Canada connotes a sense of reliability, cleanliness and au……
EU nixes deal to create rail giant able to stand up to China
BRUSSELS – European Union authorities on Wednesday blocked a deal to create a rail giant that could compete with China, angering France and Germany so much that they vowed to change the way the EU…
Luxury goes local as Chinese shoppers gravitate towards home-grown brands
According to Mintel China, another market research company, niche luxury brands are particularly popular among women between the ages of 20 and 24, who are single and have a postgraduate or higher deg… ( read…
China bans brands from marketing beauty products as ‘medical’
China has passed new regulations banning brands from marketing beauty products as having medical benefits. The regulations passed by China’s Food and Drug Administration (CFDA) aim to stamp out the pr… ( read original story…
Tencent-Backed Chinese Movie Ticketing App Maoyan Makes Lackluster IPO Debut
The underperformance followed the trend of weak new stock listings amidst US-China trade tensions. Maoyan’s shares opened at $1.889 (HK$14.82), less than 1 percent higher than its initial public offer… ( read original story …)
China cigarette IPO offers unfiltered Beijing bet
HONG KONG, Feb 4 (Reuters Breakingviews) – China Tobacco International’s share sale offers an unfiltered bet on Beijing policymaking. The overseas unit of the world’s biggest cigarette maker plans to … ( read original story…
Can Hong Kong keep its title as the world’s hottest IPO market? Here’s its game plan
China unveils trading rules for new hi-tech board … companies to have a secondary listing in Hong Kong,” she said. Hong Kong regains global IPO crown from New York in 2018 thanks to its listing…