China :: Business :: Deals

Kurt Shrout submits: More and more, we are seeing written articles, web blogs, message board postings and television segments in which U.S. listed Chinese stocks, especially those that came into being via a reverse merger, are characterized as far more risky and/or frauds. These characterizations have occurred ad nauseam. Sometimes these characterizations have been made regarding the stock segment as a whole, sometimes they have been made in regard to individual stocks within the segment, and sometimes they have been made in regard to the segment as a whole and an individual stock(s) in conjunction. In brief, these characterizations are almost entirely false. As with any stock segment, a stock like RINO International ( RINO ) is occasionally found. (RINO International appears to have overstated their past revenue since two contracts for which they reported receiving revenue were never finalized.) Despite the very bright spotlight thrown on this stock segment for an extended period...

Andy Li submits: China Media Express ( CCME ) has recently been the market's most volatile stock with large volumes in the last few days. It soared from $19 to $23 in two business days and retreated to $13 within only 3 days. The float is around 11 million but the daily trading volume is more than 6 million recently. We have seen the lon Complete Story

David Wolf submits: In an excellent article about luxury retailers going online in China, Laurie Burkitt at The Wall Street Journal drops an interesting little insight halfway through the piece: China is the worlds second-largest market for luxury brands when counting purchases by Chinese consumers world-wide and is set to overtake Japan for No. 1 in a few years, according to consulting firm Bain & Co. Chinese sales of luxury products surged 20% to 9.2 billion ($12.1 billion) last year, Bain said. [italics mine] Counting purchases worldwide vs. locally is no small distinction. Chinas consumers know they pay a steep duty on the price of the baubles they buy in China, and those with the means (and the patience) often shop locally but put off their purchases for when they go abroad. Thats important for a couple of reasons. First, it is impossible to judge the real return-on-investment of a store inside of China based solely on how much product that store sells, be...

What's Happening Old Rules of Marketing Don't Apply in China SkyPeople Fruit Juice launches four new labels for Hedetang juices Nutrastar ramps up distribution of functional health drink in Changzhou China's Bright Food Won't Discuss Unit's Reported Bid for Yoplait Stake Sequoia quits Feihe funding partnership Tsingtao Beer Launches in India Asahi FY 2010 Profits Rise, Dismisses Talk of Foster's Acquisition, More Interested in Tsingtao Think Tank: How Judy Leissner learnt to sell wine to the Chinese

Source : PRNewswire SkyPeople Fruit Juice, a producer of fruit juice concentrates, fruit beverages and other fruit products in China, has introduced four new Hedetang juice labels for a 500ml bottle to retail customers and distributors and has now begun shipping to its customer bases in Xi'an and Beijing. The company expects to expand distribution of Hedetang-branded fruit juice beverages to 200 retail locations in multiple cities including Beijing, Tianjian, Wuhan and Xi'an by the end of the second quarter of 2011. SkyPeople Fruit Juice CEO Yongke Xue said the company now sells six flavors of Hedetang juices in 280ml glass bottles, its new 500ml glass bottle and case packs, including apple juice, pear juice, kiwifruit juice, mulberry juice, kiwifruit cider and mulberry cider. Xue noted that the company positions its juices at a premium retail price of JPY4.80 ($0.73) for the 280ml bottle, JPY11.80 ($1.79 US) for the 500ml bottle and JPY78.00 ($11.84) for our 6-pack box. Initia...

New Finance submits: Each of Chinas 1.3 billion people, on average, take only 1.3 trips a year. By 2015 that figure is expected to rise to 3.3. The government is working to stimulate this by both supporting the Association of Southeast Asian Nations' five year strategic tourism plan and the Chineses own National Tourism Plan. Nicolas Berbigier, chief executive of Xanadu, a travel agency in Beijing recently said: Chinese consumers are finding it a lot more interesting to travel. Theyre finding it a lot easier. The Yuan is expected to rise in value. Visa restrictions are diminishing every day, and the government is pretty keen on pushing people to travel. Airbus Sales Chief, John Leahy, says that India and China are one of the main reasons his company increased forecasts recently. John said that: Demand for travel is doubling every 15 years. But in places like India and China we expect to double in the next six years. With all of this traveling going on, I expect there will be so...

Rumor: Duowan Obtains USD 100 Mln Second-round Funding Sina Tech, 2/12/11 According to its official human resources website, Chinese online game portal and browser game operator Duowan has raised USD 100 mln in second-round funding. The funding, led by a US-based Tiger fund, will primarily be used to support Duowan's YY instant messenger platform. Duowan's HR listings are primarily for engineers for the YY development team. The company is specifically seeking engineers with expertise in server and client architecture, information security, system maintenance, QA testing, R&D and other skill areas. In addition, the company has also placed ads seeking employees for the website and gaming divisions. According to a source within Duowan, YY has reached over 3 mln peak concurrent users. The YY project has an annual budget exceeding RMB 100 mln. Duowan president Li Xueling would not comment on the latest round of fundraising. Li has noted in the past that Duowan has already ac...