Next month, the U.S. Department of the Treasury is due to submit to Congress its biannual report detailing which countries, if any, are manipulating their currencies to gain an unfair trade advantage. ( read original…
Tagged By ipo
Boots set to take its famous No7 make-up brand to China
High Street beauty chain Boots is set to take its famous No7 make-up brand overseas to Chinese shoppers. Boots parent Walgreens Boots Alliance has signed a deal with Chinese e-commerce giant Alibaba t… ( read…
China IPO data provider iResearch confirms executives ‘are assisting authorities’ with enquiries
iResearch, a market research company which provided industry data for Chinese tech giants Xiaomi and Meituan Dianping in their IPO filings, confirmed on its Weibo corporate account that some of its se… ( read original…
A Bumper Year for Chinese IPOs Feels Like Anything But
Twelve months ago, tech IPOs in Hong Kong were greeted with something like Beatlemania. Now, optimism for other big potential deals is being reined in, especially as some candidates already face troub… ( read original…
The WeChat Luxury Index: Exclusive Insights That Luxury Brands Need Now
While the impact of WeChat as marketing tool in China is significant, there has always been a lack of publicly available data to benchmark the performance of brands on this platform – until now. Given…
Why brands need to use KOLs (influencers) in China
The marketing sector can be a complicated place as new marketing tools and techniques are launched, almost on a weekly basis. Powered by The Drum Network, this regular column invites The Drum Network’ … (…
Tencent-backed Meituan climbs 5 percent on debut, brightens outlook for HK IPOs
Shares of Meituan, which counts China’s biggest gaming and social media firm Tencent Holdings (0700.HK) as a key investor, closed at HK$72.65 ($9.26) compared to its IPO price of HK$69 but below … ( read…
China urges U.S. to show sincerity, correct behavior in trade actions
BEIJING (Reuters) – China hopes the United States will show sincerity and take steps to correct its behavior, its commerce ministry said on Thursday, after both countries slapped new tariffs on … ( read original…
China’s unicorns race to IPO as Silicon Valley waits patiently
The “lucky rich” from China also have to maintain their wealth amid the threat of a potential trade war and the dangers from its shadow banking system. By Venus Feng US tech titans are sitting…
X Financial on IPO: We Have Built One of the Strongest Fintech Businesses in China
Earlier today, China based X Financial (NYSE:FXE) traded on the New York Stock Exchange (NYSE) in its initial public offering raising approximately $104.5 million as 11 million shares were floated at … ( read original…
Luxury e-commerce in China has loads of room to grow, thanks to the country’s tech-savvy, cash-rich millennials
Moncler set up a virtual store last year on WeChat, the ubiquitous social media platform in mainland China, where customers could order the brand’s signature down jackets and other luxury items whose … ( read…
Forum aims to help Chinese brands go global
Yang said Quanzhou, in southeast China’s Fujian province, has numerous SMEs that produce life-necessities such as clothes, shoes, umbrellas and zippers. Top designers are in dire need as these enterpr… ( read original story …)
China’s Tencent Music seeks $2 billion in U.S. IPO: sources
HONG KONG (Reuters) – Tencent Music Entertainment Group, China’s biggest music-streaming company, is seeking to raise about $2 billion in a U.S. listing, according to three people close to the … ( read original story…
