Tag: Chinas

Yum China’s HK listing is the latest ‘homecoming’

Image copyright Getty Images Yum China, which runs KFC and Pizza Hut restaurants, listed its shares on the Hong Kong stock exchange on Thursday amid growing tensions with the US. The fast good giant is also listed in the US where Chinese companies are coming under increased scrutiny. It is the latest so-called homecoming as China-based firms shift their focus… Read more →

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China’s Star market aims to take on the Nasdaq

Image copyright Getty Images Image caption China’s Star market launched a year ago this week in Shanghai The Star market, China’s answer to the Nasdaq, celebrates its first anniversary this week. The tech-heavy stock market was set up at the request of President Xi Jinping as relations with the US began to sour. Officially called the Shanghai Stock Exchange Science… Read more →

Kweichow Moutai: ‘Elite’ alcohol brand is China’s most valuable firm

Image copyright Getty Images A drinks maker has become China’s most valuable publicly-listed company, overtaking the country’s biggest bank. Kweichow Moutai is a luxury spirit favoured by Chinese politicians and businesspeople looking to impress. The company’s share price has risen dramatically this year, pushing its value to new highs. Despite producing one of China’s most prestigious brands, few people will… Read more →

Colgate reviews China’s Darlie brand amid race debate

Image copyright Getty Images Colgate-Palmolive is reviewing Chinese toothpaste brand Darlie as firms reassess race stereotypes in products. The popular Chinese brand features a caricature of a man with blackface make-up and the name translates as “black person toothpaste”. It is owned by Colgate and its joint venture partner Hawley & Hazel and sold widely across Asia. A string of… Read more →