Chinese flock to home-grown brands in golden opportunity for investors

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Chinese flock to home-grown brands in golden opportunity for investors

StreetInsider2021-06-28

BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...

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RichTea
·2021-06-28
Good
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OmgGG
·2021-06-28
Nice
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ASMH
·2021-06-28
Great
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CamilleNah
·2021-06-28
Many think that China goods are inferior, but I feel that that’s not really true. It really depends on what your budget is, because they can make anything according to your budget. If you’re willing to pay for good quality products, they have them aswell! ?
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1
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- Koropok88:
  truly agree
  2021-06-28
  Reply
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Hengfc
·2021-06-28
Great
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JimmySiew
·2021-06-28
Nice
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yellowtigger
·2021-06-28
Very nice
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Flashtrade
·2021-06-28
It is a good article. Please read and share. Thanks
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2
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- Flashtrade:
  Shared
  2021-06-28
  Reply
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GCL08
·2021-06-28
Time to like good quality local products rather than chase blindly international brands [Smile]
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2
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Shiki0306
·2021-06-28
Good
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2
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SkyMah
·2021-06-28
Nice
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Ionics
·2021-06-28
Lnc please tq
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2
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- Ionics:
  Tq
  2021-06-29
  Reply
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- wwwwwl:
  done!
  2021-06-28
  Reply
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HappyTrade
·2021-06-28
Good[強]
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- p3aceboi:
  [Smile]
  2021-06-28
  Reply
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Mavechin
·2021-06-28
???
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2
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- Peacemaker:
  Great
  2021-06-29
  Reply
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- QQPL:
  ???
  2021-06-28
  Reply
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- mokkie:
  Good
  2021-06-28
  Reply
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zacdabliew
·2021-06-28
great
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1
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Jayk7
·2021-06-28
Oh
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3
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- 3nn:
  Great
  2021-06-28
  Reply
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DanVI
·2021-06-28
Hopefully $BABA will ??? with more Chinese shopping!! Pls like and comment. Thank you?
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5
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- zacdabliew:
  great
  2021-06-28
  Reply
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duhduhduh
·2021-06-28
Shopping!!!!
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1
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plasticbag
·2021-06-28
Diamond hands
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1
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KW1
·2021-06-28
Ok
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1
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Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. 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Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127640997,"gmtCreate":1624847742119,"gmtModify":1703846098383,"author":{"id":"3580260226756595","authorId":"3580260226756595","authorIdStr":"3580260226756595","name":"OmgGG","avatar":"https://static.tigerbbs.com/31d9cb1d09295d83f7b4613a6ab3fed2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580260226756595"},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127640997","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127696380,"gmtCreate":1624845274040,"gmtModify":1703846005685,"author":{"id":"3586939439858903","authorId":"3586939439858903","authorIdStr":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586939439858903"},"htmlText":"Great&nbsp;","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127696380","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127606387,"gmtCreate":1624844948649,"gmtModify":1703845992642,"author":{"id":"3569271249571337","authorId":"3569271249571337","authorIdStr":"3569271249571337","name":"CamilleNah","avatar":"https://community-static.tradeup.com/news/f2c839cd22ef8bba27535f87f0efa4da","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3569271249571337"},"htmlText":"Many think that&nbsp;China goods&nbsp;are inferior, but I feel that&nbsp;that’s not really true. It really depends on what your budget is, because they&nbsp;can make anything according to your budget. If you’re willing to pay for good quality products, they have them aswell! ?","listText":"Many think that&nbsp;China goods&nbsp;are inferior, but I feel that&nbsp;that’s not really true. It really depends on what your budget is, because they&nbsp;can make anything according to your budget. If you’re willing to pay for good quality products, they have them aswell! ?","text":"Many think that China goods are inferior, but I feel that that’s not really true. It really depends on what your budget is, because they can make anything according to your budget. If you’re willing to pay for good quality products, they have them aswell! ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/127606387","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5047349,"gmtCreate":1624850343212,"gmtModify":1663230173634,"authorId":3584502581691712,"author":{"id":3584502581691712,"authorId":3584502581691712,"name":"Koropok88","avatar":"https://static.tigerbbs.com/d6545e851d303d337678d73d0d4e2ce8","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":127606387,"type":1,"supId":0,"prevId":0,"content":"truly <u>agree</u>","text":"truly <u>agree</u>","html":"truly <u>agree</u>"}],"langContent":"EN"},{"id":127858817,"gmtCreate":1624844042339,"gmtModify":1703845947910,"author":{"id":"3581819974565133","authorId":"3581819974565133","authorIdStr":"3581819974565133","name":"Hengfc","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581819974565133"},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127858817","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127889099,"gmtCreate":1624843150111,"gmtModify":1703845901841,"author":{"id":"3578176602660058","authorId":"3578176602660058","authorIdStr":"3578176602660058","name":"JimmySiew","avatar":"https://static.tigerbbs.com/865217a1248da3f0d11fd05e9280c2a7","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3578176602660058"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127889099","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127170606,"gmtCreate":1624841438005,"gmtModify":1703845832982,"author":{"id":"3565581100857882","authorId":"3565581100857882","authorIdStr":"3565581100857882","name":"yellowtigger","avatar":"https://static.tigerbbs.com/4d6c10f946de824baf1329eb7dde4882","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3565581100857882"},"htmlText":"Very nice","listText":"Very nice","text":"Very nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127170606","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127144412,"gmtCreate":1624841377336,"gmtModify":1703845830506,"author":{"id":"3585823007219089","authorId":"3585823007219089","authorIdStr":"3585823007219089","name":"Flashtrade","avatar":"https://static.tigerbbs.com/c45d01d0c09748e523ca9584ada84d95","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585823007219089"},"htmlText":"It is a good article. Please read and share. Thanks","listText":"It is a good article. Please read and share. Thanks","text":"It is a good article. Please read and share. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/127144412","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5044888,"gmtCreate":1624841388360,"gmtModify":1663230157447,"authorId":3585823007219089,"author":{"id":3585823007219089,"authorId":3585823007219089,"name":"Flashtrade","avatar":"https://static.tigerbbs.com/c45d01d0c09748e523ca9584ada84d95","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":127144412,"type":1,"supId":0,"prevId":0,"content":"Shared","text":"Shared","html":"Shared"}],"langContent":"EN"},{"id":127154700,"gmtCreate":1624840947400,"gmtModify":1703845817189,"author":{"id":"3579045920422452","authorId":"3579045920422452","authorIdStr":"3579045920422452","name":"GCL08","avatar":"https://static.tigerbbs.com/3433a6063e0b2ab82ed571a0790eb790","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3579045920422452"},"htmlText":"Time to like good quality local products rather than chase blindly international brands [Smile]&nbsp;","listText":"Time to like good quality local products rather than chase blindly international brands [Smile]&nbsp;","text":"Time to like good quality local products rather than chase blindly international brands [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127154700","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127150669,"gmtCreate":1624840682551,"gmtModify":1703845806965,"author":{"id":"3573425836738111","authorId":"3573425836738111","authorIdStr":"3573425836738111","name":"Shiki0306","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573425836738111"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127150669","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127124700,"gmtCreate":1624840628300,"gmtModify":1703845804372,"author":{"id":"3557462853272759","authorId":"3557462853272759","authorIdStr":"3557462853272759","name":"SkyMah","avatar":"https://static.tigerbbs.com/50fc4afe7fcad8131410ec366953f656","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3557462853272759"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127124700","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127163355,"gmtCreate":1624840095477,"gmtModify":1703845780535,"author":{"id":"3577074370445232","authorId":"3577074370445232","authorIdStr":"3577074370445232","name":"Ionics","avatar":"https://static.tigerbbs.com/fe0ce605bd3d4fc95288fb66b3064296","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577074370445232"},"htmlText":"Lnc please tq","listText":"Lnc please tq","text":"Lnc please tq","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/127163355","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5062276,"gmtCreate":1624931894011,"gmtModify":1663230244626,"authorId":3577074370445232,"author":{"id":3577074370445232,"authorId":3577074370445232,"name":"Ionics","avatar":"https://static.tigerbbs.com/fe0ce605bd3d4fc95288fb66b3064296","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"80.66%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":127163355,"type":1,"supId":5044628,"prevId":0,"content":"Tq","text":"Tq","html":"Tq"},{"id":5044628,"gmtCreate":1624840502134,"gmtModify":1663230158440,"authorId":3578109783162616,"author":{"id":3578109783162616,"authorId":3578109783162616,"name":"wwwwwl","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":127163355,"type":1,"supId":0,"prevId":0,"content":"done!","text":"done!","html":"done!"}],"langContent":"EN"},{"id":127163026,"gmtCreate":1624840089665,"gmtModify":1703845779375,"author":{"id":"3561676944889444","authorId":"3561676944889444","authorIdStr":"3561676944889444","name":"HappyTrade","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3561676944889444"},"htmlText":"Good[強]&nbsp;","listText":"Good[強]&nbsp;","text":"Good[強]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/127163026","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5044642,"gmtCreate":1624840558805,"gmtModify":1663230159635,"authorId":3582787876379103,"author":{"id":3582787876379103,"authorId":3582787876379103,"name":"p3aceboi","avatar":"https://static.tigerbbs.com/a7a9f78be43ebaac2aa101e08ea4832d","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.29","exceedPercentage":"80.70%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":127163026,"type":1,"supId":0,"prevId":0,"content":"[Smile]","text":"[Smile]","html":"[Smile]"}],"langContent":"CN"},{"id":127110368,"gmtCreate":1624839204154,"gmtModify":1703845747456,"author":{"id":"3575282289590152","authorId":"3575282289590152","authorIdStr":"3575282289590152","name":"Mavechin","avatar":"https://static.tigerbbs.com/89f466ca7da498de6c36b7c5fec00daf","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3575282289590152"},"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/127110368","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5060326,"gmtCreate":1624925213551,"gmtModify":1663230238538,"authorId":3578482005235917,"author":{"id":3578482005235917,"authorId":3578482005235917,"name":"Peacemaker","avatar":"https://static.tigerbbs.com/50ce3fb5b54f52fc62c67a923c551c79","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":127110368,"type":1,"supId":0,"prevId":0,"content":"Great","text":"Great","html":"Great"},{"id":5047767,"gmtCreate":1624852189773,"gmtModify":1663230173346,"authorId":3579381846235581,"author":{"id":3579381846235581,"authorId":3579381846235581,"name":"QQPL","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":127110368,"type":1,"supId":0,"prevId":0,"content":"???","text":"???","html":"???"},{"id":5044230,"gmtCreate":1624839235910,"gmtModify":1663230155833,"authorId":3554854598717843,"author":{"id":3554854598717843,"authorId":3554854598717843,"name":"mokkie","avatar":"https://static.tigerbbs.com/6cd87f99bfb3537660593815fa3f088b","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":127110368,"type":1,"supId":0,"prevId":0,"content":"Good","text":"Good","html":"Good"}],"langContent":"EN"},{"id":127135523,"gmtCreate":1624839130562,"gmtModify":1703845743634,"author":{"id":"3569966665288404","authorId":"3569966665288404","authorIdStr":"3569966665288404","name":"zacdabliew","avatar":"https://community-static.tradeup.com/news/bb2e10ca69f8c8cc6ef4ad2f981171c2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569966665288404"},"htmlText":"great","listText":"great","text":"great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127135523","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127135253,"gmtCreate":1624839127272,"gmtModify":1703845743472,"author":{"id":"3582018233797881","authorId":"3582018233797881","authorIdStr":"3582018233797881","name":"Jayk7","avatar":"https://static.tigerbbs.com/61fdb0315d51df04227ca28af7bcdf19","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3582018233797881"},"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/127135253","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5044440,"gmtCreate":1624839784540,"gmtModify":1663230155829,"authorId":3573976216768090,"author":{"id":3573976216768090,"authorId":3573976216768090,"name":"3nn","avatar":"https://static.tigerbbs.com/303b8f037330070d95adf2f11d86d23a","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.69%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":127135253,"type":1,"supId":0,"prevId":0,"content":"Great","text":"Great","html":"Great"}],"langContent":"EN"},{"id":127132304,"gmtCreate":1624839089908,"gmtModify":1703845741841,"author":{"id":"3575890735190983","authorId":"3575890735190983","authorIdStr":"3575890735190983","name":"DanVI","avatar":"https://static.tigerbbs.com/478c2cb5a178cff7532f6fa9a68068b7","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3575890735190983"},"htmlText":"Hopefully $BABA will ??? with more Chinese shopping!! Pls like and comment. Thank you?","listText":"Hopefully $BABA will ??? with more Chinese shopping!! Pls like and comment. Thank you?","text":"Hopefully $BABA will ??? with more Chinese shopping!! Pls like and comment. Thank you?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/127132304","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5044199,"gmtCreate":1624839143791,"gmtModify":1663230156432,"authorId":3569966665288404,"author":{"id":3569966665288404,"authorId":3569966665288404,"name":"zacdabliew","avatar":"https://community-static.tradeup.com/news/bb2e10ca69f8c8cc6ef4ad2f981171c2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":127132304,"type":1,"supId":0,"prevId":0,"content":"great","text":"great","html":"great"}],"langContent":"EN"},{"id":127131425,"gmtCreate":1624838995967,"gmtModify":1703845738380,"author":{"id":"3548519664875261","authorId":"3548519664875261","authorIdStr":"3548519664875261","name":"duhduhduh","avatar":"https://static.tigerbbs.com/3d0b0a451777c580da7e35ef36023d93","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3548519664875261"},"htmlText":"Shopping!!!!","listText":"Shopping!!!!","text":"Shopping!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127131425","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127131876,"gmtCreate":1624838983695,"gmtModify":1703845737727,"author":{"id":"3585042599146244","authorId":"3585042599146244","authorIdStr":"3585042599146244","name":"plasticbag","avatar":"https://static.tigerbbs.com/75759bfc97d94798a8f93df583a58523","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3585042599146244"},"htmlText":"Diamond hands","listText":"Diamond hands","text":"Diamond hands","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127131876","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127139552,"gmtCreate":1624838895276,"gmtModify":1703845735914,"author":{"id":"3563714281601583","authorId":"3563714281601583","authorIdStr":"3563714281601583","name":"KW1","avatar":"https://static.tigerbbs.com/094e3f8fd8b3de3da976515926ed1403","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":7,"crmLevelSwitch":1,"idStr":"3563714281601583"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127139552","repostId":2146000883,"repostType":4,"repost":{"id":"2146000883","pubTimestamp":1624836900,"share":"https://ttm.financial/m/news/2146000883?lang=&edition=fundamental","pubTime":"2021-06-28 07:35","market":"us","language":"en","title":"Chinese flock to home-grown brands in golden opportunity for investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000883","media":"StreetInsider","summary":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of","content":"<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.</p>\n<p>Like with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.</p>\n<p>A surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.</p>\n<p>\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.</p>\n<p>Maia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.</p>\n<p>In lockstep with demand, investors too have been pouring funds into local consumer brands this year.</p>\n<p>Chinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.</p>\n<p>\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.</p>\n<p>Up to 200 brands are currently seeking new capital from investors, bankers and investors said.</p>\n<p>\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.</p>\n<p>Nayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.</p>\n<p>Weilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.</p>\n<p>Sequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.</p>\n<p>Its fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.</p>\n<p>LOCAL VS GLOBAL</p>\n<p>During JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.</p>\n<p>Chris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.</p>\n<p>\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.</p>\n<p>The recent Xinjiang cotton ban imposed by several global brands including H&amp;M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.</p>\n<p>Shares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.</p>\n<p>Dealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.</p>\n<p>\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese flock to home-grown brands in golden opportunity for investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese flock to home-grown brands in golden opportunity for investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 07:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18609148><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18609148\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","00700":"腾讯控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18609148","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000883","content_text":"BEIJING/HONG KONG (Reuters) - He Shuang, a student at a U.S. university stranded in her home city of Chongqing in southwest China during the pandemic, has added more than 300 domestic brands to her list of favourites on Alibaba's Taobao online mall.\nLike with He, Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands https://www.reuters.com/business/retail-consumer/chinese-apps-join-celebs-backlash-against-western-fashion-brands-over-xinjiang-2021-03-26 in the country.\nA surge in online shopping after people were forced indoors due to COVID-19 last year, a recovery in the market since then, and infrastructure that allows vendors to scale up swiftly have also propelled demand for local brands.\n\"Once you try, you find the quality of local products is as good as foreign products,\" said the 19-year old He, who favours home-grown labels from Carslan eye shadows and Feiyue sneakers to Bestore Co snacks and Miniso homeware.\nMaia Active, a Sequoia Capital-backed athleisure wear maker, said its products were designed based on body measurements of Asian women and, therefore, offered local customers a better fit and more comfort than western counterparts.\nIn lockstep with demand, investors too have been pouring funds into local consumer brands this year.\nChinese consumer firms raised 69.7 billion yuan ($11 billion) from primary market investors in the first five months, more than double the year-earlier amount, according to Cygnus Equity, a Chinese boutique investment bank.\n\"Beauty products, food and beverage brands are the most popular. Recently hotpot and ramen brands are particularly coveted,\" said Ming Jin, managing partner at Cygnus.\nUp to 200 brands are currently seeking new capital from investors, bankers and investors said.\n\"China is the easiest market for building something from zero to a 100-million-yuan sales target,\" a private equity investor in tea chain operator Nayuki said, declining to be named as he was not authorised to speak to media.\nNayuki last week raised $656 million in a Hong Kong float, which gave it a valuation of $4.4 billion, more than double the level in a December funding round.\nWeilong Delicious Global Holdings, whose flour-based spicy sticks sell for under 5 yuan per pack, raised 3.56 billion yuan in May from big name investors including Tencent, Jack Ma's Yunfeng Capital, CPE, Hillhouse Capital and Sequoia Capital China. The snack maker was valued at nearly 70 billion yuan.\nSequoia-backed Genki Forest, a soft drink brand seeking to challenge Coca Cola, said it was valued at $6 billion after an April fundraising, ten times more than 18 months earlier.\nIts fundraising attracted investors such as Louis Vuitton owner LVMH's private equity arm and Singaporean state investor Temasek.\nLOCAL VS GLOBAL\nDuring JD.Com's online shopping festival this month, sales growth of Chinese brands was 4% higher than international brands. The growth in their customer numbers exceeded that of international brands by 16%, JD.com said.\nChris Mulliken, a Shanghai-based partner at consultancy EY, said nationalism was a factor driving the popularity of local brands, including pride in China's recovery from COVID-19 even as several other countries battle high infection rates.\n\"People are travelling (albeit domestically) and taking the opportunity to rediscover their own country, return to their customs and discover new Chinese brands,\" he said.\nThe recent Xinjiang cotton ban imposed by several global brands including H&M, Nike and Adidas over concerns about alleged rights abuses in the province, which offended many Chinese consumers, was another catalyst. China strongly denies the claims and says all labour in Xinjiang is consensual and contract-based.\nShares of domestic sportswear producers Xtep, Li Ning and Anta have risen 196%, 60% and 38% respectively since April.\nDealmakers have warned about the sharply higher valuations, while they also say the demand trend will stay for a long time.\n\"Consumers no longer idolize international, multinational brands. They like products and brands that speak for them,\" said Nina Gong, a Shanghai-based managing director with private equity firm Carlyle Group.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":159,"commentSize":38,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}