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China Tourism aims for $2-3 billion Hong Kong listing – sources
China Tourism Group Duty Free Corp Ltd is aiming to raise US$2-3 billion in a Hong Kong secondary listing, two people with direct knowledge of the matter told Reuters.
The company lodged updated filings wit...
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H&M closes Shanghai flagship, hurt by lockdowns and consumer backlash
Swedish brand had more than 500 stores in Mainland China early last year but its website currently only lists 376.
Oriental Watch bullish as sales, profit rise despite Covid impact
While the pandemic continues to disrupt Hong Kong retail trade and restrict border movement, sales of luxury watches are...
Inside Penfolds’ ‘space-capsule’ pop-ups taking off across Southeast Asia
The ‘Terminal 1844’ pop-ups will feature wine tastings, dance performances, and interactive activities, and will be them...
Pop Mart opens in luxury California mall in US pop-up debut
The launch is part of its strategy to broaden the offline channel after its recent Europe and New Zealand debuts.
Jeweller Tse Sui Luen returns to profit after targeting younger consumers
Chairman Annie Yau said Covid had caused “unprecedented challenges" to its Hong Kong business operations due to multiple...
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