Cosmetics retail group Sa Sa International's annual turnover increased by 2.7% year-on-year from HKD8.756 billion to HKD8.993 billion; while its net profit decreased by 10% year-on-year from HKD935 million to HKD839 million.
Chinese electronics retailer Gome is investing an undisclosed sum into its e-commerce travel channel.
Chinese B2C e-commerce provider JD.com and Internet tourism website Tuniu.com jointly announced that Tuniu.com has received total new investments of USD500 million, including USD350 million from JD.com.
The notion of "one country, two systems" has come into starker contrast over the past week, as protests in Hong Kong against mainland tourists have risen in stature.
Hong Kong's Chow Tai Fook Enterprises plans to invest USD2.6 billion in a casino project in Incheon, South Korea, aiming to attract Chinese gamblers.
Asia Pacific Investment House has successfully completed its first round of financing for an ultra-luxurious resort development in southern China.
Chinese real estate group Dalian Wanda Group announced that the company will invest USD900 million to build a 350-meter building in Chicago, which will be a 89-floor five-star hotel and apartment project.
According to Jeroen de Groot, China president of the German retail giant Metro AG, the group will launch a new food service distribution platform which will provide food customized procurement and processing services to hotels…
Chinese third-party Internet payment company Alipay.com announced that the company has launched its Alipay Wallet service, mobile payment with QR codes, in 336 OK convenience stores, 90 Bonjour cosmetics stores and 10 Giordano apparel retail…
A new Four Points by Sheraton and an Aloft hotel have opened in two Chinese cities.