Hong Kong Jewry brand Chow Sang Sang Jewellery has announced plans to invest CNY50 million in advertising to establish a new image in the Chinese mainland market. Li Yanming, general manager for brand of Chow Sang Sang, revealed in a new image launch in Beijing that the company will cooperate with media channels, including CCTV, [...]

Sino Payments Inc. has received a five-year service agreement to provide electronic funds processing for Sogo Department Stores in Hong Kong. The service order was received from venture partner TAP Group through the company's subsidiary Tap e-Payment Services (HK) Limited. Sino Payments states that even with a 50% rise in year on year merchant locations [...]

Andrew Keith, newly appointed president of Lane Crawford Hong Kong, has announced the company will start its expansion in mainland China in 2012, and three new chain stores will be opened in Shanghai, Beijing, and Chengdu, successively. Andrew Keith says that the new Shanghai Lane Crawford store will open in the third quarter in 2012 [...]

U.S.-based Jaguar Freight Services has opened a new sales office in Shenzhen, marking the company's official entry into mainland China. The Shenzhen office will be under the direct leadership of Chikei Ho, who is also promoted from managing director of Jaguar's Hong Kong office, to vice president of Asia-Pacific. Encompassing agents in 15 regional countries, [...]

The New York high-end fashion brand Coach has announced that its operating revenue in China doubled and reached over USD100 million in 2010, and during the 2011 fiscal year it plans to open an additional 25 stores on the Chinese mainland. In this fiscal quarter, Coach has distributed three of these 25 stores in Harbin, [...]

An insider from the Chinese Internet company Tencent has confirmed to the local media that the American collective buying website Groupon will establish a joint venture with Tencent to enter the Chinese market, and the CEO of the new company will be assigned by Tencent. Groupon and Tencent will apparently set up a joint venture [...]

In the video below, Bloomberg’s Paul Allen visits the New South China Mall in Dongguan, China, on the southeast coast of the country, roughly midway between Guangzhou and Hong Kong.

Once heralded as “the largest mall in the world, bustling with customers,” the mall is now overwhelmingly desolate, just “floor upon floor of emptiness.” This is even on a Saturday, and even with a fully-operational theme park. The best way to boost foot traffic? Expand another 200,000 square meters, according to the mall’s owners. They plan for the development to ultimately reach over one million square meters of residential and retail space.

It’s already been about six years since the nearly-vacant mall opened… things are bound to turn around any day now.

You can see more details in the clip below, which came to our attention via The Mess That Greenspan Made’s post on a

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The Chinese time-honored tea leaf brand Beijing Wu Yutai Tea Company Limited has signed a cooperation agreement of intent with a Hong Kong company to implement a complete investigation and planning for its development and chain store expansion in Hong Kong. A representative from Wu Yutai introduced that based on Wu Yutai's large sales and [...]

According to local media reports, the Italian luxury brand Prada is researching the possibilities of launching initial public offering in Hong Kong in the first half of 2011. The insiders quoted in local reports said that if Prada chooses to be listed in Hong Kong, it may gain more capital than in its domestic Italian [...]

Financial Street Holding has announced in Hong Kong that its wholly-owned subsidiary Beijing Jinsheng Real Estate Development Company has signed a 20-year lease agreement with Galeries Lafayette (China). Under the agreement, the French high-end department store operator Galeries Lafayette will open its first Asian department store at Xidan Plaza in Beijing's Financial Street area. Galeries [...]