Intersport Co Ltd, one of the world's biggest sporting goods retailers, and Tmall, Alibaba Group's online marketplace for established brands and retailers, forged a partnership in May to integrate e-commerce and physical sportswear stores in China through digital technologies.
Coal supplies in China will continue to be tight and prices will stay high
Within days of receiving regulatory approval, six Chinese asset managers have succeeded in raising an estimated around 300 billion yuan ($46.36 billion) this month for hybrid funds that will invest in certain securities of unicorns (or startups with a valuation in excess of $1 billion).
Shanghai Composite 3199.16 0.45% 14/02
Shenzhen Composite 10431.91 0.67% 14/02
Hang Seng 30515.60 2.27% 14/02
Nikkei Average 17103.53 0.18% 14/02
Dow Jones 24640.45 0.16% 13/02
Nasdaq 7013.51 0.45% 13/02
TEDA: Enabling funding for China
Cities, governments and industrial parks the world over are rushing to create tech industry hubs.
Robin Li passed Wang Jianlin as the richest man in China today by just $64 million, according to the Bloomberg Billionaire Index.
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