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And as it is the largest platform for IP authorization and commercialization in China's fashion and entertainment industry, the company has been deploying resources into building e-commerce platforms since 2017.
Analysts believe more measures are in the pipeline. The negative list that determines where foreign participation is prohibited or limited is expected to become shorter. Foreign investors will see more favorable policies in taxation, less red tape in investment approval, and stronger protection of intellectual property rights.
Analysts said that as a result, the Shanghai and Hong Kong-listed brokerage could expand its current services as an information consultant to selling derivatives and bonds from the mainland and Hong Kong markets to South Korea's institutional investors.
An op-ed in the journal on Monday said that if the transaction proposal is serious and deemed legal, "it would set a dangerous precedent for the seizure of foreign businesses through regulatory fiat, and open the door for US firms to suffer the same treatment".
And the posture, which seems to herald glad tidings for high-end lifestyle, wellness and fitness businesses, is in full evidence at lucrative yoga studios that are mushrooming across China, industry insiders said.
来源：资阳报