The Inspirational Success Story Of Li Ka-shing. Mr. Li Ka-shing's story to succes began from humle backround and is widely considered as one of Asia’s most influential business magnate, investor, a self-made billionaire, who is behind Hong Kong’s successful family business - CK Hutchison Holdings Limited. Hong Kong billionaire Li Ka-shing has a rich history […]
Rørsted's decision comes at a time when the sportswear giant continues to suffer from the impact of the Russia-Ukraine war and declining sales in China. On Monday, Adidas announced that Rørsted, who became the company’s CEO in 2016, will hand over the position in 2023. Rørsted will remain in the role until a successor is […]
Burberry revealed that first-quarter sales dipped 35% in the country which is a vital market for its clothing. Prior to the pandemic, approximately one-third of the global luxury industry was reliant on Chinese spending, both at home and aboard as tourists. Excluding China, Burberry’s sales were up 16% globally, but when included, sales only rose […]
Elon Musk has shared a dose of bad news for his electric vehicle company Tesla, explaining that its new factories in Germany and the United States are losing billions of dollars due to battery shortages and supply disruptions in China. Musk referred to Tesla’s Berlin and Austin, Texas plants as “gigantic money furnaces.” "Both Berlin […]
Axios’ report states that China now has a total of 1,133 billionaires, a figure which is growing approximately three times faster than the US’ billionaire population. Presently, the US had 716 billionaires. The three cities with the largest billionaire populations are now all in China, with Shenzhen recently bumping New York City from third place. […]
While Apple’s CEO did not specify how much the tech giant would contribute to northern China’s relief efforts, or how the funds would be distributed, his promise follows on from many other relief aid pledges. Most recently, Cook pledged money to help Hurricane Ida relief and recovery efforts after 115 people lost their lives and […]
CEOs On Live Streaming On June 11th, 2020, William Ding, the founder of NetEase (NASDAQ: NTES, a leading internet technology company in China, whose businesses cover online games, online education, and e-commerce), must have been one of the busiest people in China. In the morning, his company completed a second listing on the Hong Kong […]
The CEO’s comments come in a pre-recorded Q&A style stream at the World Internet Conference, which was hosted by the Cyberspace Administration of China. The comments mark the second occasion this month upon which Musk complimented China — a country that will play a vital role in the long-term success of Tesla. Less than two […]
James Hebbert, managing director of Hylink (UK), gives CEO Today an insight into China's thriving duty-free market and explains how global luxury brands can make the most of it. China's duty-free market is rapidly expanding, particularly in the island province of Hainan where even domestic tourists can shop duty-free. Last year alone, duty-free sales in Hainan […]
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