SPDB International

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 consumer sentiment nears ‘tipping point’ after stimulus barrage: UBS

China’s consumer sector, long plagued by a property slump that has slowed the economy and dampened sentiment, could be nearing…

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New Business

Miniso issues US$550 million of debt for global expansion, share buy-backs

Chinese budget lifestyle goods retailer Miniso Group Holding is raising US$550 million from a debt instrument to fund its overseas…

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