Trade tensions not stopping Chinese companies from pushing into U.S.

BEIJING – Chinese companies are so determined with global expansion that even the largest offer of actions to date on the Shanghai board of directors, in Shanghai Star, has the United States as one of its largest markets, tied with China.

The Cameras Company based in Shenzhen, Insta360, Rivale de Gopro, collected 1.938 billion yuan ($ 270 million) in a Shanghai list Wednesday under the name of Arashi Vision. Actions increased by 274%, giving the company a market value of 71 billion yuan ($ 9.88 billion).

The United States, Europe and continental China each represented just over 23% of income last year, according to Insta360, whose 360 ​​-degree cameras officially started Apple Store sales in 2018. The company sells a variety of cameras – at the cost of several hundred dollars – associated with video editing software.

The co-founder Max Richter said on an interview on Tuesday that we expect us to ask to remain solid and reject concerns about geopolitical risks.

“We stay in advance simply by investing in research and development focused on user and monitoring market trends that ultimately respect the consumer[‘s] Needs, “he told CNBC before the list of star advice.

China launched the Shanghai star market in July 2019 Only a few months after Chinese President Xi Jinping announced plans for the board of directors. The NASDAQ style technological advice has been created to support strong growth technological companies while increasing the requirements for the basis of investors in order to limit speculative activity.

In 2019, only 12% of companies in the board of directors said that at least half of their income came from outside China, according to the CNBC analysis of data accessible via wind information. In 2024, with hundreds of other companies listed, this share had climbed more than 14%, data showed.

“We just see the tip of the iceberg. In addition and more efficient Chinese companies global,” said King Leung, a global manager of financial services, fintech and durability in Investthk.

Leung stressed the growing global company of Chinese companies such as the Catl battery giant, which scored in Hong Kong last month. “There are many more than two levels of level and level level that are also capable,” he said.

Investthk is a government department of Hong Kong which promotes investments in the region. He organized trips to help connect Chinese companies on the continent to opportunities abroad, including one in the Middle East last month.

Roborock, a robotic company as a vacuum cleaner also enrolled in the Star Board of Directors, announced this month that it planned to list in Hong Kong. Last year, more than half of the company’s income came from foreign markets.

At the Consumer Electronics Show in Las Vegas this year, Roborock showed a vacuum With a robotic arm to automatically eliminate obstacles while cleaning the floors. The device was later Launched in the United States for $ 2,600.

Other consumer-oriented Chinese companies also remain impertyable by higher tensions between China and the United States

In November, the Chinese household appliance company The best seller of televisions in the United States in two years. And last month, British Columbia based in China announced its Official expansion in the United States And presented its global supply chain as a means of compensating for pricing risks.

Chinese companies are growing abroad in recent years, in part because Home growth has slowed down. Consumer demand has remained dull from the COVVI-19 pandemic.

But the expansion tendency is now evolving towards a third stage in which companies seek to build international brands by themselves with offices in different regions by hiring local employees, said Charlie Chen, director general and research manager in Asia at China Renaissance Securities.

He said it was a change compared to the early years when Chinese companies mainly manufactured products for foreign brands, and a later phase in which Chinese companies had joint ventures with foreign companies.

Insta360 mainly manufactures Shenzhen, but has offices in Berlin, Tokyo and Los Angeles, said Richter. He said that the Los Angeles office focuses on services and marketing – the company organized its first major launch of offline products in the Grand Central Terminal in New York in April.

Chen also expects the next phase of Chinese companies that will sell different types of products. He stressed that those who had become global sold mainly household appliances and electronics, but are now likely to develop considerably in toys.

Already, Pop Mart based in Beijing has become a world player, his series Labubu figurine gaining popularity worldwide.

Total Pop Mart sales, mainly national, were 4.49 billion yuan in 2021. In 2024, sales abroad exceeded it to reach 5.1 billion Yuan, up 373% compared to a year ago, while continental China sales climbed to 7.97 billion yuan.

“He established another pop word compared to interior sales in 2021,” said Chris Gao, responsible for the discretionary consumer in China at the Clsa.

The retailer listed in Hong Kong does not share much publicly on its world’s store expansion plans or its existing locations, but an independent blogger has compiled A list of at least 17 American stores In mid-May, most of which have opened in the past two years.

The toy company was “very good” to develop or acquire the rights to the characters, said Gao. It expects its global growth to continue while Pop Mart plans to open more stores around the world, and consumers are more about such products focused on characters during stress and macroeconomic uncertainty.