Tesla rival Polestar considers weaning itself off China as EU probe brings tariff threats

fortune.com Ever since BYD sent carmakers into a “state of shock late” last year by shipping its cut-price EVs to Europe, the prospect of a backlash from EU regulators has left…

Chinese bubble-tea maker Chabaidao sinks in worst Hong Kong debut in 6 years

scmp.com Chinese bubble-tea maker Chabaidao sinks 27% on Hong Kong debut as investors offload shares in biggest IPO of the year Sichuan Baicha Baidao Industrial, which owns and…

Bubble tea bust: Shares in bubble-tea maker Chabaidao plunge over 38% in Hong Kong’s biggest IPO of 2024

fortune.com Chinese bubble-tea maker Sichuan Baicha Baidao Industrial Co. plunged more than 38% in its trading debut in Hong Kong, the latest setback for the city as it attempts to…

Chinese traders prosper despite crypto ban. Here is how they evade it

crypto.news Chinese crypto traders thrive despite the country’s strict measures against mining and digital currency transactions. In 2020, China was an active player in the…

Ralph Lauren’s ‘cluster approach’ to growing its business in China, world’s biggest luxury market by 2030

scmp.com “We’re seeing brand perception continue to strengthen, so we think we have a game plan that is working in a market like China,” said its CEO, Patrice Louvet, in an interview…

Chinese tea shop giant targets US$330 million in Hong Kong’s biggest IPO of 2024

scmp.com The shares will start trading on the Hong Kong stock exchange on April 23. It will be the biggest IPO of the year so far, after the US$135.7 million raised by RoboSense…