2020.7 CGTN:Is the Chinese electric car market experiencing a winner-takes-all moment?
As a slew of U.S.-listed Chinese companies are returning to domestic markets, Chinese electric vehicle (EV) startup Li Auto, recently announced that it had filed for a U.S. initial public offering, seeking to list its stock on the Nasdaq. Securing money is one obvious benefit of going public, and it can also help raise the name-recognition of the company, and even attract new customers, iiMedia Research consulting analyst said.
2020.7 Global Times：Luxury brands pick up sales at recovering Chinese market
The post-coronavirus consumption recovery in China is becoming the saving grace of international luxury giants, whose businesses are suffering from the pandemic. iiMedia Research consulting analyst, predicted that luxury goods sales in China would increase by 35-45 percent in 2020.