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27.06.26 - 04:00
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CU in China: Why South Korean retail giant is adopting ′online first′ strategy (SCMP)
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South Korean convenience store giant CU has been testing the waters in China with a limited online trial operation, marking a different approach from other multinational brands that bet big on physical outlets.
The brand, operated by BGF Retail which has around 18,600 stores in South Korea, is being cautious to start with. Together with its Chinese partner Ningshing Ubay, it is only selling 11 products on e-commerce platform Tmall under Alibaba Group, which also owns the South China Morning......
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26.06.26 - 12:24
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Alibaba Aktie: Im Auge des Sturms (Aktiencheck)
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Frankfurt (www.aktiencheck.de) - Alibaba-Aktienanalyse von XTB:
Der Verkaufsdruck auf dem chinesischen Aktienmarkt reißt nicht ab, während sich das globale Investorensentiment gegenüber der zweitgrößten Volkswirtschaft der Welt drastisch verschlechtert, so die Experten von XTB.
Ein düsteres Bild an den asiatischen Handelsplätzen: Der Hang Seng China Enterprises Index sei nach einem Einbruch von über 20% gegenüber seinem Oktober-Hoch offiziell in einen technischen Bärenmarkt geschlittert. [mehr]...
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26.06.26 - 12:06
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Big stride: Xtep opens first Saucony store in Hong Kong, eyes more prime retail sites (SCMP)
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Chinese sportswear maker Xtep International has opened Saucony's first standalone store in Hong Kong, signalling the premium running brand will expand further, with the city positioned as a showcase market while the group's core label is reserved for broader overseas growth.
The outlet at K11 Art Mall in Tsim Sha Tsui is Saucony's first directly operated store in Hong Kong after Xtep took full control of the brand's business in mainland China, Hong Kong and Macau through a buyout of its joint......
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26.06.26 - 06:15
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Cathie Woods ARK Invest Reduces Holdings in Alibaba (BABA.US) (AAStocks)
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Three funds under Cathie Wood's ARK Invest - ARKF, ARKK and ARKW - sold a total of 176,004 shares of Alibaba Group Holding Limited (BABA.US). Based on the previous trading day's (25th) closing price of USD95.07, the disposal involved approximately USD16.7 million.ARK Invest also bought shares of Cerebras Systems Inc. (CB......
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