Alibaba

Here’s a look at the key trends in China’s capital markets.

Chinese consumers are expected to account for 50% of the global luxury market by 2025. Second-hand luxury platforms have also sprung up in China to gain a slice of the market.

Out of every 10 students in China, seven are users of Zuoyebang.

President Trump signed another executive order banning eight Chinese apps, including Tencent QQ, WeChat Pay, and Alipay

Farfetch claims to be the No. 1 global online luxury fashion platform with more than 1,200 sellers.

Bilibili’s New Year’s Eve gala gathered 250 million viewers at its peak.

As of October, China’s music streaming services reached 620 million MAUs, while paying users surpassed 70 million.

Beijing has stepped up its coronavirus response after an increase in cases.