After the completion of the transaction, China Tourism Group Duty-Free Corporation Limited will hold a 49% stake in CNSC.
Get ready to witness the fashion extravaganza as the opening ceremony of China International Fashion Week kicks off on March 24th. From March 25th, 51 prominent brands will showcase their latest collections with 52 stunning runway shows.
For the first time since 2017, footwear has outstripped apparel as the biggest contributor to Li-Ning’s revenue.
Boosting Yunnan: Botanee’s RMB 5 billion central factory completes construction and commences production, driving local employment and promoting technological innovation in the health industry.
The recovery of consumption to support China’s economic rebound is of utmost importance.
In 2022, Swire Properties generated HKD 13.826 billion in revenue and announced a HKD 50 billion investment plan in the Chinese mainland.
China’s IFS properties, including Changsha IFS and Chengdu IFS, under The Wharf (Holdings) Limited, have experienced their first revenue decline in recent years.
China’s e-commerce giant, Yatsen Holding Limited, saw a 36.5% dip in net income from RMB 58.4 billion in 2021 to RMB 37.1 billion (approximately USD 5.37 billion) in 2022.
In 2021, the company acquired all IP rights of the Swiss high-tech sports luxury brand X-BIONIC in China.
NIO’s first Danish battery swap station goes live, bringing its total to 12 across five European countries.