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Tag

mobile payments

  • Why Digital Wallets Aid Luxury Sales

    Adina-Laura Achim  |   Share
    Beyond urban, high-net-worth Chinese, heritage brands have not grasped the importance of mobile wallets for the rest of China. Read More
  • The One Thing Stores & Hotels Can Do Right Now to Boost China Tourist Sales

    Matthew Lubin  |   Share
    Retailers that rely on Chinese tourist spending can quickly benefit from adopting mobile payment options like Alipay and WeChat Pay to boost consumption. Read More
  • Apple Makes Push in China with Big Discounts for Apple Pay Users

    Mason Hinsdale  |   Share
    Apple Pay is attempting to expand its share of the Chinese mobile payments market through big discounts at online and brick and mortar retailers. But can it compete with WeChat… Read More
  • WeChat Pay Continues its Global Push with New Strategy in Malaysia

    Mason Hinsdale  |   Share
    Tencent hopes that by allowing Malaysians to link local bank accounts to WeChat Pay, more firms will use its service and facilitate Chinese tourism. Read More
  • Carnival Corp Introduces Alipay Onboard its Asia Fleet to Facilitate Chinese Tourist Spending

    Daniel Meesak  |   Share
    Carnival Corp partners with Alipay to provide mobile payments onboard its Asia-based cruise fleet in a bid to attract Chinese travelers. Read More
  • How Chinese Mobile Payments Are Quietly Conquering the World

    Daniel Meesak  |   Share
    Chinese mobile payment providers are expanding overseas to capture the large volume of transactions made by Chinese consumers traveling abroad. Read More
  • What Transit Hubs Can Learn from Visit Finland and Helsinki Airport

    Daniel Meesak  |   Share
    Finland has surrendered to the fact that it's not the hottest destination for Chinese travelers, but that doesn't mean it can't profit from them. Read More
  • WeChat Lets Chinese Tourists in South Korea Exchange Spare Coins for Digital Red Envelopes

    Daniel Meesak  |   Share
    New kiosks in South Korea let Chinese tourists seamlessly exchange their spare Korean currency for WeChat mobile payment balance. Read More
  • Alipay Targets China’s Big Spenders Where It Matters: On Vacation Abroad

    Daniel Meesak  |   Share
    Alipay is expanding its mobile payment services to the United States, bringing new ways for brands and retailers to market themselves to Chinese tourists. Read More
  • Survey: Mobile Payments Become Ubiquitous for China’s Tech-Savvy Shoppers

    Jing Daily  |   Share
    A new Nielsen survey finds that a staggering 99 percent of China's online shoppers now use mobile payment. 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
-$0.94+$0.12-$0.18
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