https://www.scmp.com/rss/523639/feed The latest news and top stories on Miniso. A leading entity in the retail and consumer goods sector, Guangzhou, China-based Miniso specialises in a wide variety of lifestyle products including household goods, cosmetics, stationery and toys. It primarily targets young consumers aged 18-35 and is known for offering affordable, high-quality and design-led items. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Zhu Wenqian,Daniel Ren Zhu Wenqian,Daniel Ren Chinese companies – from sectors as diverse as bubble tea, budget retail and cars – are expanding their presence in Brazil, with analysts saying the robust trade ties between China and Latin America’s biggest economy could help pave the way for further investment. Mixue Group, known for its affordable ice cream and beverages, opened its first Brazil outlet on Saturday, drawing large crowds in Sao Paulo, the country’s largest city. The opening marked its third store in the Americas after... https://www.scmp.com/business/china-business/article/3349982/chinese-firms-target-brazil-it-becomes-magnet-expansion?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3349982/chinese-firms-target-brazil-it-becomes-magnet-expansion?utm_source=rss_feed Tue, 14 Apr 2026 06:57:44 +0000 Yulu Ao Yulu Ao Chinese toymaker Pop Mart remains under pressure despite carrying out six share buy-backs over the past few days following a sell-off after its results, raising questions over whether the weakness reflects concerns about its Labubu-led growth and valuation. The Beijing-based company has stepped up efforts to support its share price through market purchases. Pop Mart bought back 700,000 shares on Thursday at prices ranging from HK$140.90 to HK$142.30, for a total of HK$99.2 million (US$12.6... https://www.scmp.com/business/china-business/article/3348876/chinas-pop-mart-struggles-stem-slide-despite-buy-backs-amid-labubu-reliance-concerns?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3348876/chinas-pop-mart-struggles-stem-slide-despite-buy-backs-amid-labubu-reliance-concerns?utm_source=rss_feed Fri, 03 Apr 2026 04:03:57 +0000 Wency Chen,Vincent Chow Wency Chen,Vincent Chow China’s leading humanoid robotics companies dominated the opening of this year’s Spring Festival Gala, the annual variety spectacle staged by state broadcaster CCTV that offers a rare nationwide marketing platform akin to the US Super Bowl, highlighting the central role of the industry in Beijing’s industrial policy. Four robotics firms – Hangzhou-based Unitree, Wuxi-based Magiclab, Beijing-based Galbot and Noetix – had announced partnerships with this year’s gala in deals said to be valued at... https://www.scmp.com/tech/big-tech/article/3343634/chinas-tech-companies-vie-attention-cctvs-festival-gala-years-biggest-stage?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3343634/chinas-tech-companies-vie-attention-cctvs-festival-gala-years-biggest-stage?utm_source=rss_feed Sun, 15 Feb 2026 22:00:15 +0000 Zhu Wenqian Zhu Wenqian Young consumers’ spending on anime, comics, games and pop toys, alongside growing wellness expenditures by senior consumers, will continue to shape China’s consumption landscape this year, according to HSBC Holdings. Against this backdrop, the coming nine-day Spring Festival holiday was set to benefit the food, hotel and tourism sectors, HSBC said in a trend report, adding that this tailwind would propel first-quarter growth in the food sector, particularly for snack food and dairy... https://www.scmp.com/business/china-business/article/3341239/china-needs-silver-and-young-spenders-plus-policy-support-consumption-growth-hsbc?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3341239/china-needs-silver-and-young-spenders-plus-policy-support-consumption-growth-hsbc?utm_source=rss_feed Mon, 26 Jan 2026 07:33:54 +0000 Cao Li Cao Li Shares of Chinese toymaker Pop Mart rallied nearly 10 per cent on Tuesday morning before closing more than 9 per cent higher after the company announced its first share buy-back in nearly two years, following a decline from last year’s peak. Pop Mart’s Hong Kong-listed shares rose to HK$198.70 at the open as investors welcomed the move. Shares closed 9.1 per cent higher at HK$197.20. The stock remains below last year’s closing level of HK$200.20, and more than 40 per cent off its August peak,... https://www.scmp.com/business/article/3340498/labubu-maker-pop-mart-surges-10-hong-kong-us32-million-buy-back?utm_source=rss_feed https://www.scmp.com/business/article/3340498/labubu-maker-pop-mart-surges-10-hong-kong-us32-million-buy-back?utm_source=rss_feed Tue, 20 Jan 2026 04:05:16 +0000 Mia Nurmamat Mia Nurmamat With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. The “Made in China” label has evolved considerably in recent decades. Mostly found affixed to low-cost goods of relative simplicity in China’s early years as a... https://www.scmp.com/economy/global-economy/article/3333074/chinas-companies-become-industry-leaders-where-world-are-they-going?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3333074/chinas-companies-become-industry-leaders-where-world-are-they-going?utm_source=rss_feed Thu, 04 Dec 2025 07:52:55 +0000 Xiaofei Xu Xiaofei Xu Premier Li Qiang called on China’s companies to be resilient and reiterated a pledge to achieve the country’s annual economic goals at a symposium with business leaders, academics and other experts on Tuesday. “To accurately understand the current economic situation, one must take a broader perspective … [it is necessary to] further strengthen confidence, face problems squarely and stay firmly committed to doing our work well,” Li was quoted as saying by state news agency Xinhua. The meeting,... https://www.scmp.com/economy/china-economy/article/3329066/chinese-premier-stresses-resilience-symposium-business-leaders?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3329066/chinese-premier-stresses-resilience-symposium-business-leaders?utm_source=rss_feed Wed, 15 Oct 2025 04:03:26 +0000 Coco Feng Coco Feng Chinese retail giant Miniso aims to become a leading player in the designer toy market, as it broadens its digital presence by tailoring e-commerce initiatives to platform-specific consumer behaviours while simultaneously reinforcing its core strength in the offline shopping experience. Miniso was experimenting with product customisation to better align with the unique attributes of various e-commerce platforms in China, capital market director Christina Zhu Mengyun said during a recent... https://www.scmp.com/tech/tech-trends/article/3327805/chinese-budget-retailer-miniso-bets-big-collectible-designer-toys?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3327805/chinese-budget-retailer-miniso-bets-big-collectible-designer-toys?utm_source=rss_feed Sat, 04 Oct 2025 02:00:14 +0000 Xinyi Wu Xinyi Wu A new wave of Chinese consumer companies, led by toymaker Pop Mart, is seeking a greater global presence, reflecting China’s strategic pivot towards exporting its brands, and not just products. “We originally hoped to become China’s Disney; now we hope to become the world’s Pop Mart,” the company’s founder and CEO, Wang Ning, said in an interview with state broadcaster China Central Television on Thursday. “We use China’s manufacturing industry and market to incubate artists from all over the... https://www.scmp.com/economy/china-economy/article/3319580/labubu-retailer-pop-mart-focused-taking-chinese-brand-world-ceo-says?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3319580/labubu-retailer-pop-mart-focused-taking-chinese-brand-world-ceo-says?utm_source=rss_feed Fri, 25 Jul 2025 08:30:14 +0000 Zhao Ziwen Zhao Ziwen On a recent Sunday afternoon in lower Manhattan, a small shop inside the Oculus, a soaring curvilinear mall at the World Trade Center, stands out for the bustling crowd thronging its space. “We’re out of stock,” more than one employee can be heard telling customers. This is not one of New York’s many top-brand boutiques but Pop Mart, a Chinese designer toy brand that has become a sensation in the United States. Its signature “blind box”, containing collectable figurines revealed only when the... https://www.scmp.com/news/china/article/3316434/some-china-retailers-us-still-offers-path-profit-one-toy-or-tea-order-time?utm_source=rss_feed https://www.scmp.com/news/china/article/3316434/some-china-retailers-us-still-offers-path-profit-one-toy-or-tea-order-time?utm_source=rss_feed Mon, 30 Jun 2025 15:50:59 +0000