Richard Lin

New Business

Bubble tea giant Mixue’s IPO powered by prowess in procuring, production, prices: analysts

The retail portion of the company’s Hong Kong debut attracted more than HK$1.6 trillion (US$205.9 billion) in subscriptions on Wednesday,…

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New Business

Estée Lauder, L’Oreal suffer as global brands’ lustre fades in China

Multinational companies (MNCs) are losing ground in China as their “halo effect” fades amid rising competition and a consumer spending…

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New Business

Chinese start-up 01.AI founder Lee Kai-fu denies rumours of asset sale to Alibaba Cloud

In a WeChat post on Tuesday, the start-up denounced as “vicious slander” recent talk that it was looking to sell…

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