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618 festival

  • Sponsored

    TUMI Navigates China’s Market With A Local Spin

    Wenzhuo Wu  |   Share
    Jing Daily spoke with Adam Hershman, vice president of Tumi Asia Pacific, to learn how Tumi has doubled down in the China market. Read More
  • Market Analysis

    Japanese Luxury Resale Platforms Partner With Alibaba In China

    Adina-Laura Achim  |   Share
    Although perceptions of pre-owned luxury are changing, China has a long way to go before secondhand luxury becomes mainstream like it has in Japan. Read More
  • Market Analysis

    4 Ways Chinese Innovation Is Shaping Global E-Commerce

    Torsten Stocker and Sadie Bargeron  |   Share
    From the recent boom of livestreams to 24-7 customer service, Chinese innovation is shaping global e-commerce, providing a glimpse of shopping’s future. Read More
  • Beauty

    C-Beauty Surpass International Brands For The First Time

    Lisa Nan  |   Share
    For the first time, Chinese beauty labels surpassed international competitors in online GMV, with Florasis and Perfect Diary topping the list. Read More
  • Retail

    Suning Makes Moves Into Luxury Commerce and Douyin Content

    Sky Canaves  |   Share
    Following in the footsteps of rival JD.com, mega-retailer Suning is making a bigger push into content and high-end commerce with recent bold moves. Read More
  • Marketing

    Are Chinese Consumers Over Celebrity Livestreaming?

    CCI Team  |   Share
    As e-commerce livestreaming has taken off in China, celebrities have started flocking to the format as a way to generating income. Read More
  • Will China’s Shopping Festivals Save The Luxury Market?

    Ruonan Zheng  |   Share
    To offset COVID-19 losses, brands joined China’s three-week shopping holiday, 618, including many luxury brands that have long shied away from discounts. Read More
  • Retail

    E-commerce Giants Up Their Livestreaming Game for 618 Shopping Festival

    Sky Canaves  |   Share
    This year's mid-year sales promotion 618 Shopping Festival, e-commerce is teaming up with live streaming platforms to boost sales. Read More
  • JD.com Heats Up the Battle for 618 Dominance

    Gemma A. Williams  |   Share
    E-tailer JD.com kicked off China’s mid-year shopping event 618 festival today by announcing soaring sales across a number of categories. Read More

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Jing Daily KraneShares China Global Luxury Index

Track the global market performance of the luxury sector in China. With current news updates, share prices, and stock market data based on Chinese consumer interest, this index monitors the overall health within the market.

Daily Returns: 05/31/2023

Index LevelDaily Change% Change
257.28-$6.30-2.39%
LVMHKeringRichemont
-$4.58-$1.51-$0.68
View Index

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