Li Ning: the net profit attributable to the parent company in the first half of the year was 1.962 billion yuan, a year-on-year increase of 187%

Unpacking Japanese E-commerce：The Overlooked 120 Million Consumers

Japan is a demanding but high-value market. Chinese sellers are growing fast, yet success requires more than low prices—clear manuals, strong quality, 24/7 service, and trust. Consumption is polarizing, and aging buyers remain active. Long-term branding and localization are key.

SHEIN Shares Fall Nearly 10% in Hong Kong Trading Debut

SHEIN（希音）began trading on the Hong Kong Stock Exchange on September 1 under ticker 00625. The China-founded online fashion retailer opened at its HK$48.56 offer price before falling to an intraday low of HK$43.72 in early trading, nearly 10% below the issue price.

France Imposes New Environmental Charges on Ultra-Fast Fashion Platforms

France will introduce per-item environmental penalties for ultra-fast-fashion platforms from September 1, targeting business models associated with SHEIN（希音）and Temu.

WALOVI(王老吉) Launches Singapore International Headquarters to Deepen Southeast Asia Strategy

WALOVI（王老吉）, the herbal-tea and botanical-beverage brand operated by Guangzhou Wanglaoji Health Industry, has launched its international headquarters in Singapore as it expands its Southeast Asia business.

SHEIN Launches Hong Kong IPO, Targeting Up to US$1.76 Billion

SHEIN（希音）launched its Hong Kong initial public offering on August 24, offering about 280 million Class B shares at HK$47.60 to HK$49.50 each. At the top of that range, the global offering could raise up to HK$13.86 billion (US$1.76 billion) before expenses, placing the fast-fashion retailer among Hong Kong’s largest planned listings of 2026.