China’s Wangfujing group wins duty-free retail license

Wangfujing street Beijing China

CGTN | 10-Jun-2020

The parent company of one of China’s largest department store chains said on Tuesday that it had been granted a government license for duty-free retail, as the government ramps up efforts to spur domestic consumption to cushion the economy. Continue reading “China’s Wangfujing group wins duty-free retail license”

E-commerce giant JD.com starts stock offering of its secondary listing

JD-COM

CGTN | 09-Jun-2020

China’s second-largest e-commerce company JD.com started stock offering of its secondary IPO in Hong Kong on Monday, with a price of no more than 236 HK dollars (30.45 U.S. dollars) per share. Continue reading “E-commerce giant JD.com starts stock offering of its secondary listing”