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Farfetch buys China firm to bring luxury brands to WeChat

Bloomberg Online fashion retailer Farfetch UK Ltd is buying a Chinese digital marketing agency to help sell luxury brands to consumers on Tencent Holdings Ltd.’s WeChat messaging service. Farfetch is acquiring CuriosityChina and will integrate it into its services division, providing the likes of high-end shoe designer Manolo Blahnik with packages of digital solutions. It’s been trying to boost its ...

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China Tower draws Hillhouse, Alibaba unit to Hong Kong IPO

Bloomberg China Tower Corp., the state-owned wireless infrastructure operator, has attracted Hillhouse Capital and a unit of Alibaba Group Holding Ltd. as investors in its planned Hong Kong initial public offering, people with knowledge of the matter said. Hillhouse funds and Taobao China Holding Ltd. are among the 10 firms that agreed to buy about $1.4 billion of stock as ...

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TSMC soars as investors focus on pricey smartphone outlook

Bloomberg Taiwan Semiconductor Manufacturing Co. climbed the most in almost three years as investors focussed on its prediction that the outlook for high-priced devices would be strong in the second half. Shares in the world’s largest contract chipmaker rose 5.8 percent to NT$237.50 in Taipei. Executives said they expected demand for premium devices — such as Apple Inc.’s iPhone — ...

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