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The news that Haier Group planned to acquire Autohome has been confirmed, while Haier may announce the news to the public soon, according to Party. However, Party deleted the above article now.Sina Finance asked Haier Group for verification, with an internal source responding by saying I have no idea.Haier acquired part of the s...
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The HSI added 51 points or 0.3% to 19,486 at midday. The HSCEI inched up 27 points or 0.4% to 7,001. The HSTECH hiked 38 points or 0.9% to 4,357. The total half-day turnover for the market amounted to $85.151 billion.For financials, HSBC HOLDINGS (00005.HK) picked up 0.8%, while STANCHART (02888.HK) and HKEX (00388.HK) ebbed 0.6...
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Peng Yanyan, Head of Greater China Consumer Products Research, UBS Investment Bank, remained cautiously optimistic about China's consumer goods sector, saying that policies are starting to take hold and that total retail sales are on an evident uptrend. While the home appliance sector is potentially influenced by tariffs, ma...
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BABA-W (09988.HK) (BABA.US) announced that as of midnight on November 11, 79 beauty brands have achieved sales of over RMB100 million during this year's Tmall 11.11 Global Shopping Festival, while several international beauty brands have also logged sales growth of more than 100% YoY.The group noted that this year's Tmal...
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Shanghai Municipal Commission of Commerce and other 11 departments published the “Implementation Opinions on Giving Better Play to the Role of Consumer Credit in Promoting Quality Improvement and Upgrading on Consumption” saying that the authorities' work objectives by the end of 2026 are to launch a number of ne...
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