Foot traffic rose in opulent Shanghai malls, Swiss watch sales shot up and top European luxury brands from Burberry to LVMH reported sharply improved revenues from China in the second half of 2016. Chinese consumers…
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Hurun: China’s Super-Rich Name Apple, Bulgari As Top Brands for Gifting
Chinese wealthy consumers’ enthusiasm for luxury goods is on the rise and brands like Bulgari and Apple are reaping the benefits, according to Hurun’s latest consumer report. The report features Hurun’s “Best of the Best…
How China’s luxury consumers moved on from bling to doing their own thing, opening space for niche brands to prosper
What have been the major changes in media, communications and PR in mainland China over the past five years? The pace and degree of change has been incredible. The most striking has been the adoption…
BSE exchange draws robust demand for $182 million IPO
The IPO, which is seeking to raise 12.43 billion rupees ($182 million … as a portion of financial savings is only 5 percent in India compared to 14 percent in China, 20 percent in Indonesia,…
BSE IPO, Donald Trump’s TPP pullout and Flipkart valuation cut again
It will also allow space for China to step into a more influential role in the Asia … 8. Strong response to BSE IPO The Rs1,234.4 crore initial public offering (IPO) of Asia’s oldest stock…
Week in Review: China Investors Announce $4 Billion of Life Science Deals
Knowledgeable observers expect the IPO to take place in Q2, raise $300 million and value WuXi Biologics at $1.5 billion. Sanpower Group enlisted China’s CITIC Bank, a state-owned investor, to raise $2.9 billion for a…
Saudi Aramco shelves plan for joint venture with Malaysia's Petronas: sources
KUWAIT Saudi Aramco IPO-ARMO.SE has shelved plans for a partnership with Malaysian … “In any case, considering the scale of the investment, China’s growing regional exports of refined products, Singapore’s existing refining capacity and the…
Update: Wisdom Education launches HK$1.14 billion IPO
Wisdom intends to use proceeds from the IPO to push for further acquisitions in the Pearl … of most players in the sector such as Virscend Education. Virscend is one of China’s largest international school…
Not a Pretty Picture: Lessons from GoPro about Growth and Underestimating China
they promised investors their IPO would focus on becoming a media company… but that never happened, and they’ve been suffering ever since. GoPro’s next mistake: getting into China too late and, when they did, not…
China: Wisdom Education seeks up to US$150 million
Wisdom intends to use proceeds from the IPO to push for further acquisitions in the Pearl … of most players in the sector such as Virscend Education. Virscend is one of China’s largest international school…
China regulator to curb excessive fund raising by listed firms: Securities Times
SHANGHAI China’s securities regulator said on Friday it will restrict … which is eight times the proceeds from initial public offerings (IPOs), according to official Xinhua News Agency. CSRC spokesman Zhang Xiaojun identified several problems…
Pinkerton the poop detective: Dog's sense of smell is no monkey business
MORE ALBERTA NEWS | Albertans spend the most on shelter, food: StatsCan MORE ALBERTA NEWS | High hotel prices and ‘arduous’ visa process keep Chinese tourists away: report The cost of training the dog in…
China is investing $290 billion to kickstart a 'toilet revolution'
Portable toilets are seen in front of skyscrapers at the Qianhai special economic zone in Shenzhen, China. Siu Chiu/Reuters China is already dealing with declines in tourism due to its notoriously poor pollution levels, but…
