China’s Xiaomi, once the world’s highest valued tech startup … He also held positions at Kingsoft, leading the company to its IPO on the Hong Kong stock Eexchange. He currently serves as Chairman of UCWeb,…
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China to ensure quality, normalization of IPOs
China’s securities regulator will make more efforts to ensure the quality of initial public offerings (IPOs) and maintain the trend of IPO normalization, an official statement said Wednesday. The China Securities Regulatory Commission (CSRC) will…
Business survival between rival US and China dreams
The advent of Xi Jinping in China and Donald Trump in America has disrupted both nation’s governance and external relations, creating a whole new set of ambiguities for multinational companies and financial institutions. The riptide…
Apple is at risk of falling out of the top 5 smartphone vendors in China
Local brand Xiaomi snagged the fourth-place spot that was held by Apple, according to Canalys. The iPhone 8 is expected by some analysts to revamp Apple’s influence in China. It’s an area where Apple has…
Brushing off bank worries, HNA taps Goldman for unit Pactera’s IPO: sources
The sprawling conglomerate has seen its banking relationships come under scrutiny in recent weeks, as Beijing reins in what it sees as excessively splashy deals by China’s top dealmakers. One of the sources said Pactera…
For China’s Global Ambitions, ‘Iran Is at the Center of Everything’
“You can pick any project, they are all under this umbrella.” Business ties between Iran and China have been growing since the United States and its European allies at the time started pressuring Iran over…
Dior is the Top Relevant Luxury Brand Among China’s Generation Z, Report Says
While the appointment of controversial actress Angelababy as the brand ambassador for Christian Dior stirred up much controversy in China in May, it may not have been such a bad move for the brand after…
Louis Vuitton Can Do It. You Can’t
Yet, online sales of luxury goods still lag the overall market. E-commerce makes up less than 10 percent of luxury-goods sales in China, according to Euromonitor, because many iconic brands have been reluctant to sell…
Returning China Lights festival to be ’95 percent brand new’
The beautiful China Lights festival that visited the Boerner Botanical Gardens last year is returning for a second engagement, and organizers said the 2017 festival will be “95 percent brand new.” “China Lights: The Magic…
Chinese domestic handset brands constitute 87% of Chinese smartphone market in Q2
In China, the domestic Chinese handset brands captured 87% of the Chinese smartphone market in the second quarter of 2017ETTelecom | July 24, 2017, 17:31 IST NEW DELHI: In China, the domestic Chinese handset brands…
China’s ‘relevant’ brands tap the zeitgeist
SHANGHAI: Brands looking to prosper in China need to tap into the nation’s cultural trends and position themselves in a way that resonates with key demographic groups a new study suggests. The 2017 Brand Relevance…
China detains nine for selling fake fruit brand stickers
Nine suspects have reportedly been detained in China for selling fake stickers for brands including New Zealand kiwifruit marketer Zespri, news site Shanghai Daily reported. Police seized more than two million stickers in recent raids…
‘Brands need to move at the speed of modern Chinese cultures’, report reveals
Chinese brand consultants, RTG Consulting Group, surveyed 5,000 consumers in Shanghai, Beijing, Guangzhou and Chengdu, and conducted qualitative interviews with 45 China industry experts and select consumers as part of its annual survey. The resulting…