SPDB International

New Business

Morgan Stanley bullish on Labubu maker Pop Mart’s shares despite 10% slump

The decline in Labubu-maker Pop Mart International Group’s shares of as much as 10 per cent over the last month…

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New Business

Is Labubu the next Hello Kitty? Analysts debate the limits for China’s Pop Mart

Pop Mart, the company behind the hit collectible character Labubu, was virtually unknown outside mainland China before 2024, but now…

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New Business

Mainland Chinese retailers take advantage of falling rents to expand Hong Kong presence

Mainland Chinese retailers are stepping up their expansion in Hong Kong, taking advantage of falling rents to target value-seeking consumers,…

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New Business

Starbucks, Luckin get buzz from smaller-city coffee sales in China

As coffee chains in China struggle with a bitter combination of sluggish consumption and cutthroat pricing, Starbucks and Luckin Coffee…

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New Business

Louis Vuitton, Gucci owners face tough times in China amid trade war, property slump

The world’s biggest luxury groups will continue to face challenges in China as the trade war with the US weighs…

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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 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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