Date
23 August 2019

Consumer & Gaming

  • Lego to build China sales on growing demand, report says

    Oct 3, 2013 11:29am
    Lego AS, Europe’s biggest toymaker, plans to expand its sales in China as rising incomes in the world’s most populous nation boosts demand for its building-blocks, Bloomberg reported Thursday, citing chief executive Joergen Vig Knudstorp. Lego is building...
  • More S Koreans choose China for education, WSJ says

    Oct 3, 2013 10:38am
    The number of South Koreans enrolled in Chinese universities more than tripled to 62,855 last year from 18,267 in 2003, the Wall Street Journal reported Wednesday, citing data from Seoul’s education ministry. That’s 26 percent of all...
  • US firm comes unstuck with Chinese honey, WSJ says

    Oct 3, 2013 10:32am
    United States-based honey supplier Groeb Farms Inc. filed for bankruptcy protection Tuesday after it was caught illegally buying Chinese honey through other countries to avoid anti-dumping tariffs imposed by US trade regulators in 2001, the Wall...
  • Fonterra in compensation talks with Danone, report says

    Oct 3, 2013 8:28am
    Fonterra Cooperative Group Ltd. is said to have commenced talks with its major dairy customer Danone SA over compensation following the recent product safety scare which triggered a global recall of some milk products, affecting companies...
  • Tesco, China Resources form retail tie-up in China, Xinhua says

    Oct 3, 2013 8:25am
    Britain’s biggest retailer, Tesco Plc., said on Wednesday that it has signed an agreement with mainland conglomerate China Resources Enterprise Ltd. (00291.HK) to set up a retailing joint venture in China, Xinhua reported Wednesday. Tesco will...
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    The Big Picture: GOLDEN WEEK BOOST

    - Oct 3, 2013 7:55am
    Highway operators, railway-related firms, tourism plays as well as recreational and hospitality sectors are likely to cheer a robust increase in the number of rail travelers and general visitors to the nation’s popular tourist spots during...
  • Yoshinoya to grow rice, vegetables in Fukushima, Xinhua says

    Oct 3, 2013 7:10am
    Fast-food chain Yoshinoya said Tuesday it will form a joint venture with farmers in Japan’s disaster-hit Fukushima prefecture to grow rice and vegetables to help rebuild the local economy, Xinhua reported Thursday. The company said the...
  • HK garment firms look to Myanmar as China costs rise, paper says

    Oct 2, 2013 2:49pm
    Some Hong Kong garment firms have jointly taken 70-year lease on two land plots in Myanmar to build new factories there, Apple Daily reported Wednesday, citing Chung Kwok-pan, a Legislative Council member who represents the textile...
  • Foreign agencies can’t wait to tap outbound tourism boom

    Oct 2, 2013 9:47am
    It has only been days since Shanghai’s free trade zone opened for business and already, foreign travel agencies cant’ wait to offer full-on services in the area. The prize: China’s booming outbound tourist industry. Foreign tour...
  • Retailers welcome China ‘forced shopping’ trip ban, HKEJ says

    Oct 2, 2013 9:30am
    Gold and jewelry retailer Chow Sang Sang Holdings International Ltd. (00116.HK) said China’s ban on “forced shopping” trips, a move stipulated under the nation’s new tourism ordinance, will benefit companies like itself as tourists will no...
  • Dairies raise prices as raw milk costs surge, Xinhua says

    Oct 2, 2013 9:16am
    Prices of liquid milk products have been on the rise this year in Shandong, Inner Mongolia and Hebei, among other regions as the cost of raw milk has increased due, in part, to higher beef prices,...
  • China Fortune taps Legend Capital as key investor, HKEJ says

    Oct 2, 2013 9:04am
    Diamond seller China Fortune Investments (Holding) Ltd. (08116.HK) said it has signed a memorandum of understanding with Legend Capital Management Ltd., a venture capital fund established by Legend Holdings Ltd., the parent of Lenovo Group Ltd....
  • Ctrip may gain from stronger Qunar platform, SCMP says

    Oct 2, 2013 8:45am
    Ctrip.com International, China’s largest online travel agency, may be an unintended beneficiary of the proposed US$125 million initial public offering by Qunar.com, the travel search engine controlled by Baidu, the South China Morning Post reported on...
  • Mainland tour groups down 30% on Oct 1, paper says

    Oct 2, 2013 8:43am
    Only 250 mainland tourist groups visited Hong Kong on Tuesday, the first day of the week-long National Day holiday in the mainland, marking a 30 percent drop from last year’s 360 groups, the Southern Metropolis Daily...
  • Taiwan expects 40% fewer cross-strait group tourists, paper says

    Oct 2, 2013 8:36am
    The number of mainland tourists visiting Taiwan in groups during the National Day holiday is expected to be about 20,100, or around 40 percent fewer than the 33,927 recorded a year earlier, the Commercial Times reported...
  • Fewer through gate at Shenzhen theme parks, paper says

    Oct 2, 2013 8:32am
    Several major Shenzhen tourist attractions reported surprise falls in the number of visitors on Tuesday, the first day of the week-long National Day holiday, the Southern Metropolis Daily reported Wednesday. The Happy Valley and Window of the...
  • Over 300,000 cross Macau border checkpoints Oct 1, paper says

    Oct 2, 2013 7:59am
    The first day of the October 1 National Day “Golden Week” holiday has seen over 300,000 people cross the three Macau border checkpoints with mainland China, with around 55 percent of them being tourists from the...
  • Oct 1 tourist traffic up 24.1% on year, paper says

    Oct 2, 2013 7:23am
    China’s 122 key tourist spots have reported a combined visitor traffic of 66.69 million as of 5 pm during the first day of the National Day holiday period, representing a year-on-year growth of 24.1 percent, People’s...
  • Holiday sales rise 8.3% for key Beijing retailers, paper says

    Oct 2, 2013 7:06am
    The Beijing Municipal Commission of Commerce said National Day sales rose 8.3 percent year on year at 110 key retail outlets in the capital, the Beijing News reported Wednesday. Despite rain hitting the city for most...
  • Hutchison Whampoa may spin off Watsons, paper says

    Oct 2, 2013 6:43am
    Hutchison Whampoa Ltd. (00013.HK) may spin off its retail unit Watsons and list it on the Hong Kong stock exchange’s main board after the sale of the conglomerate’s ParknShop grocery chain, the Hong Kong Economic Times...

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