What's in this episode: TOP BIT: LVMH Boss Shops for Chinese BrandsBernard Arnault purchased items from local Chinese brands during his latest Shanghai trip, a symbolic shift.The Chinese luxury market is slowing (down 20%), prompting consumers to turn to homegrown labels with sharper pricing and stronger local aesthetics.Domestic brands like Songmont, Laopu Gold (1,000%+ online sales surge), and Mao Geping are growing at double and triple-digit rates, challenging Western houses.NUMBER OF THE ...
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What's in this episode: TOP BIT: LVMH Boss Shops for Chinese BrandsBernard Arnault purchased items from local Chinese brands during his latest Shanghai trip, a symbolic shift.The Chinese luxury market is slowing (down 20%), prompting consumers to turn to homegrown labels with sharper pricing and stronger local aesthetics.Domestic brands like Songmont, Laopu Gold (1,000%+ online sales surge), and Mao Geping are growing at double and triple-digit rates, challenging Western houses.NUMBER OF THE ...
Billion-Dollar Comeback: China & K-pop | asiabits Nov 4 2025
asiabits
6 minutes
2 weeks ago
Billion-Dollar Comeback: China & K-pop | asiabits Nov 4 2025
What's in this episode: Opener: China extends visa-free entry for 45 countries until end of 2026 (including Sweden).Highlights: KOSPI hits new ATH of 4212 points; Nio deliveries jump 93% YoY to 40,397 vehicles in October.Top Bit: K-pop Comeback:Cultural thaw agreed upon at the Xi-Lee summit in Gyeongju.South Korean entertainment stocks (SM, JYP, YG, Hybe) surged on the news.Xi reportedly instructed the Foreign Minister to explore a K-pop concert in Beijing.The ban started in 2016 due to the T...
asiabits
What's in this episode: TOP BIT: LVMH Boss Shops for Chinese BrandsBernard Arnault purchased items from local Chinese brands during his latest Shanghai trip, a symbolic shift.The Chinese luxury market is slowing (down 20%), prompting consumers to turn to homegrown labels with sharper pricing and stronger local aesthetics.Domestic brands like Songmont, Laopu Gold (1,000%+ online sales surge), and Mao Geping are growing at double and triple-digit rates, challenging Western houses.NUMBER OF THE ...
