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Tag

wechat payment

  • Milan’s Luxury District Becomes First in Europe to Launch Official WeChat Account

    Christine Lee  |   Share
    According to reports by a local Italian publication, Milan’s Quadrilatero della Moda is catering to its Chinese consumers with a newly launched WeChat account. Read More
  • Wannabe WeChat Merchants: What You Need to Know

    Lauren Hallanan  |   Share
    WeChat Pay’s global expansion has been a hot topic of late and adopting Chinese mobile payment methods is touted as a must-do for U.S. businesses looking to attract Chinese customers. Read More
  • Retail

    Tencent Shows Off Their Vision for the Future of Unmanned Retail

    TechNode  |   Share
    Tencent and Alibaba are exerting more and more influence on how brands reach customers in China, both online and offline. Read More
  • Mobile Payments Seen as More Secure by Chinese Shoppers Abroad

    Yiling Pan  |   Share
    Cash is too risky and the potential for card payment failures is too embarrassing for affluent Chinese abroad. Read More
  • Why WeChat Pay’s Overseas Push Might Not Work for Luxury Brands

    Nina Huang  |   Share
    Whether WeChat Pay can become the best payment method for luxury brands will depend on if it can entice the majority of tourists to pay through their system. Read More
  • Hermès Enhances China Digital Game With Launch of First WeChat Pop-Up Store

    Ruonan Zheng  |   Share
    Hermès launched its very first WeChat pop-up store to sell Apple Watch recently, further signaling its ambition to go digital in China. Read More
  • One-Third of Chinese See a Completely Cashless Society in 10 Years, Survey Shows

    Yiling Pan  |   Share
    31 percent of Chinese consumers surveyed by the market research firm YouGov believe China will become a fully cashless society within 10 years. Read More
  • WeChat Pay Rivals Alipay with Planned U.S. Launch

    Jing Daily  |   Share
    Tencent is partnering with a Silicon Valley-based mobile payment startup to bring the popular service to shoppers in the U.S. Read More
  • A Complete Guide to Alibaba’s Cross-Border Payment Solution: Alipay ePass Program

    Yiling Pan  |   Share
    Alibaba launched Alipay ePass to better regulate the sales of overseas goods in China by offering a payment solution for international brands to sell directly to Chinese consumers. Read More
  • Dior and Bulgari Become Luxury’s Early Adopters of WeChat Sales

    Liz Flora  |   Share
    With less than 10 percent of luxury brands taking advantage of WeChat e-commerce, the two labels jumped on board with a campaign for "Chinese Valentine's Day." 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: 06/29/2022

Index LevelDaily Change% Change
229.47-$3.66-1.57%
LVMHKeringRichemont
-$2.36-$1.45-$0.21
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