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Top news of the week: 09.02.2023.

China
Government
Customer
Mainland China
State-owned Assets Supervision and Administration Commission
Hair

@SCMPNews shared
On Feb 8, 2023
‘What’s wrong with hairy?’: anger in China after ad likens women to orangutans https://t.co/KQwZnh8S1d
Open
‘What’s wrong with being hairy?’: beauty salon ad in China comparing women with body hair to orangutans enrages mainland social media

‘What’s wrong with being hairy?’: beauty salon ad in China comparing women with body hair to orangutans enrages mainland social media

The Singapore-based company behind the ad says it struggled to find women with body hair for the campaign and used a primate instead but confirmed the promotion posters have now been ...

@caixin shared
On Feb 8, 2023
China’s top state assets administration imposed minimum prices for tickets on seven state-owned airlines, slamming the door on ultra-low-cost promotions launched as travel plunged during the pandemic, Caixin learned from several airlines. https://t.co/RFjwnoCzoJ
Open
China Slams the Door on ‘1 Yuan Airfares’ Spawned by the Pandemic

China Slams the Door on ‘1 Yuan Airfares’ Spawned by the Pandemic

China Slams the Door on ‘1 Yuan Airfares’ Spawned by the Pandemic - In a three-year sea of red ink, state assets administration tells seven government-owned airlines they can’t keep selling ...

@caixin shared
On Feb 3, 2023
Apple has reported its first quarterly revenue drop after more than three years of growth, blaming production headwinds caused by Covid-19 disruptions in China and weakening global consumer demand. https://t.co/vEdzbpYq6x
Open
Apple Suffers First Quarterly Revenue Drop Since 2019 on China and Demand Woes

Apple Suffers First Quarterly Revenue Drop Since 2019 on China and Demand Woes

Apple Suffers First Quarterly Revenue Drop Since 2019 on China and Demand Woes - The iPhone-maker’s turnover in the country declined 7.3% on the year to $23.9 billion, falling more than in ...

@JingDaily shared
On Feb 6, 2023
News of a collaboration between Gentle Monster and Maison Margiela has driven social buzz even before its official launch date on February 28. https://t.co/0ytAWG6ywy
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The Maison Margiela x Gentle Monster Collab Is Making Waves In China

The Maison Margiela x Gentle Monster Collab Is Making Waves In China

News of a collaboration between Gentle Monster and Maison Margiela has driven social buzz even before its official launch date on February 28.

@ReutersChina shared
On Feb 3, 2023
RT @Breakingviews: Apple's shift from devices to less tangible services, which made up 18% of its revenue in the latest quarter, has pushed up its valuation. But not all of its offerings are equally valuable, writes @rob_cyran: https://t.co/HDrxGvBc3p https://t.co/0WPkhGRaeq
Open
Apple tries to be both desirable and predictable

Apple tries to be both desirable and predictable

Companies from General Electric to Goldman Sachs know one key to a higher stock-market valuation is producing recurring, stable, fee-like revenue. The same goes for Apple . The $2.4 ...

@JingDaily shared
On Feb 8, 2023
Kering is looking to diversify its revenue by creating new mid- and long-term drivers. Will its big foray into beauty fit the bill? https://t.co/Gk4movSeNL
Open
Kering Sets Sights On New Beauty Division, China As Growth Drivers

Kering Sets Sights On New Beauty Division, China As Growth Drivers

Kering is looking to diversify its revenue by creating new mid- and long-term drivers. Will its big foray into beauty fit the bill?

@SCMPNews shared
On Feb 3, 2023
EV start-up Xpeng steps up overseas expansion, launching new models in Europe as China guns for Japan’s crown as biggest car exporter https://t.co/KytLt4vgXa
Open
EV start-up Xpeng steps up overseas expansion, launching new models in Europe as China guns for Japan’s crown as biggest car exporter

EV start-up Xpeng steps up overseas expansion, launching new models in Europe as China guns for Japan’s crown as biggest car exporter

The electric vehicle start-up is stepping up its overseas expansion as mainland Chinese carmakers mount a challenge against established players, buoyed by their growing manufacturing and ...

@SCMPNews shared
On Feb 5, 2023
‘The world’s biggest welcome’ needs to be in it for the long haul https://t.co/tjkpNH4NX6
Open
‘The world’s biggest welcome’ needs to be in it for the long haul

‘The world’s biggest welcome’ needs to be in it for the long haul

The ambitious ‘Hello Hong Kong’ campaign sidesteps the political developments that have altered the perception of the city overseas.

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weekly 09.02.2023
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