Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
African exports to China fell by 40 percent in 2015, China’s customs office reports. China is Africa’s greatest single trading partner and its interest for African products has fuelled the continent’s recent financial development. The decrease in exports…
The market certainly woke up on the wrong side of the bed for 2016, and most fingers are pointed to troubling macro-economic data out of China along with The Middle Kingdom’s brutal market sell-off. The Shanghai Composite Index is already down 10% year to…
Picture this: the market plunged 9 percent in around 30 minutes of hectic trading. Regulators raced to contain the damage, that was estimated in the trillions. Later, the plunge was repeated with a market collapse of 6.5 percent as 1,100 points were wiped in…
Just as they did when Chinese stocks swooned in July, global investors appear to be learning the right lessons about China for all the wrong reasons. Investors who can see through the haze and confusion can keep picking up bargains in undervalued markets like…
Hong Kong-listed jewellery retailer Luk Fook Holdings (International) Ltd. saw a 26 per cent year-on-year decrease in its same store sales from Hong Kong and Macau shops for the three months ended December 2015, the biggest decline since the final quarter of…
This week, animal rights activists in Hong Kong are celebrating a huge win as their plea to eliminate global ivory trade has been heard. Hong Kong’s Chief Executive Leung Chun Ying announced in his annual policy address that the country will phase out on…
Luxury fashion group Burberry on Thursday announced a return to retail sales growth in China despite an economic slowdown, boosting overall results in its third quarter. The British handbag and clothing company reported overall retail sales of £603 million…
Uniqlo, Asia’s largest apparel retailer, has delivered a disappointing set of results for the quarter to November 30. While revenue rose 8.5 per cent year on year to ¥520.3 billion (US$4.44 billion), profit fell 16.9 per cent to ¥75.9 billion ($647.1…
The one thing to remember about the Chinese stock market is that it operates so differently from U.S. and European markets. First off, the China market is dominated by retail investors, who treat it very much like a casino. Look at this chart: There are more…
Chow Tai Fook Jewellery Group Ltd., the world’s largest listed jewelry chain, said same-store sales in Hong Kong and Macau plunged 23 percent in the final three months of 2015 as fewer mainland Chinese tourists visited the two cities. Same-store sales, for…
China’s securities regulator will suspend its newly implemented circuit-breaker mechanism designed to tame market volatility after it exacerbated stock sell-offs and shut down equity trading early twice in one week. The China Securities Regulatory Commission…
Just as “bad cases make bad law,” to cite the ancient legal adage, bad stock markets make for bad investment decisions. China’s stock market, with its repeated crashes, has the entire world in a tizzy. The Shanghai stock exchange experienced its shortest…
Alibaba Group CEO Daniel Zhang has laid out the eCommerce giant’s strategic direction for 2016, saying Alibaba will be looking to grow its already large operations in China’s biggest cities. That change of focus follows a year in which it made global…
US specialty retailer Brookstone has opened its first overseas store in one of the largest shopping centers in Nanjing, China. First-day sales far exceeded expectations for the new outlet, says CEO Tom Via. “We’re thrilled with how enthusiastically customers…
Retailers Chow Sang Sang and Seng Fung both reckon the fall trend in jewellery sales seen in 2015 will last until the upcoming holiday The fall trend seen in jewellery sales last year will persist all the way through the upcoming Chinese New Year holiday in…
CapitaLand Limited (SGX: C31) is one of Asia’s largest real estate companies with a presence in Singapore, China, Indonesia, Malaysia and Vietnam. It is listed on the Singapore Exchange with a market capitalization of over S$13 billion. The company has a…
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