Mao Geping eyes listing in Hong Kong, but family-business may not be the cup tea of the market

Mao Geping dolls up for Hong Kong IPO

The high-end cosmetics brand banks heavily on the name of its famous founder, which may be one of its biggest risks Key Takeaways: Mao Geping Cosmetics has filed for a…
Li Ning has expanded over the years to become one of the largest sportswear chains in China, behind Anta. 

FAST NEWS: Li Ning’s e-commerce sales jump in first quarter

The Latest: Sportwear retailer Li Ning Co. Ltd. (2331.HK) announced Monday its retail sales, excluding the Li Ning Young sub-line, recorded low-single-digit year-on-year growth in the first quarter. Looking Up: The company’s e-commerce…
2331.HK
Fosun Tourism trades at all time low

Fosun Tourism’s post-Covid holiday fizzles

The resort unit of one of China’s leading conglomerates posted modest growth in the first quarter, as its broader outlook was clouded by debt issues at its parent  Key Takeaways:…
1992.HK

PODCAST: Ping An Trust Misses a Payment, and SAIC Sells Down Its India Venture

Ping An Trust has missed a $100 million payment on a wealth management product tied to Zhenro, a property developer. Does this show the woes afflicting China's trust industry are creeping up the food chain to top-tier names like Ping An? And leading automaker SAIC has sold 51% of its India venture to local partners for $624 million. Is this purely a commercial move, or is it also motivated by concerns about recent China-India tensions?

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