46 h. ago Apple’s iPhone and beauty products lead the charge in record

Alibaba Group Holding kicked off direct sales for its annual Singles’ Day shopping festival on Monday, with initial figures surpassing last year’s performance – a sign of strengthening domestic consumption during China’s biggest online retail event. Since direct sales began on Taobao and Tmall at 8pm on Monday, 80 brands had exceeded 100 million yuan (US$13.8 million) in sales within the first hour, while more than 30,000 brands doubled their takings from a year earlier, according to data...

Politics

1 week ago China’s chip stocks test traders’ patience with soaring valuations

China’s chip stocks have staged a world-beating rally in the past few months on the nation’s self-sufficiency push, but some investors are beginning to balk at their lofty valuations. Cambricon Technologies, dubbed “China’s Nvidia” by retail investors, is trading at an earnings multiple nearly five times that of the more famous AI chip designer. Semiconductor Manufacturing International and Hua Hong Semiconductor are priced at premiums to major global foundries. Mirroring the US dynamic, China’s...

Politics

2 w. ago Selective on China with 'speculative excess' in sectors like consumer retail, biotech: Allspring

Selective on China with 'speculative excess' in sectors like consumer retail, biotech: Allspring  CNBC

Politics

2 w. ago Hong Kong stocks fall on disappointing ‘golden week’ retail sales in China

Hong Kong stocks fall on disappointing ‘golden week’ retail sales in China  South China Morning Post

Politics

2 w. ago Hong Kong stocks fluctuate on disappointing ‘golden week’ retail sales in China

Hong Kong stocks fluctuate on disappointing ‘golden week’ retail sales in China  South China Morning Post

Politics

3 w. ago What Wall Street Is Saying About Nike’s Q1 Win: Retail, China + More

What Wall Street Is Saying About Nike’s Q1 Win: Retail, China + More  WWD

Politics

3 w. ago China’s Retail Landscape Faces “Major Change”: Xintiandi Developer

China’s Retail Landscape Faces “Major Change”: Xintiandi Developer  Forbes

Politics

4 w. ago Nvidia Stock Rangebound Amid China Headwinds, Investment Blitz — But Retail Traders Stay Optimistic

Nvidia Stock Rangebound Amid China Headwinds, Investment Blitz — But Retail Traders Stay Optimistic  MSN

Politics

4 w. ago JD.Com Stock Grabs Retail Eyeballs On Hong Kong Pop As China Moves To Level Food Delivery Playing Field

JD.Com Stock Grabs Retail Eyeballs On Hong Kong Pop As China Moves To Level Food Delivery Playing Field  Stocktwits

Society

4 w. ago Haleon Using Science To Stand Out In China’s Innovative Retail Market

Haleon Using Science To Stand Out In China’s Innovative Retail Market  insights.citeline.com

Economics