Chinese e-retail brand, Onion Global Limited (OG) saw its stock jump 22% in the Thursday market after the company announced a new event called 'LUCA Elite Club' for the consumers.
According to the company, the event will educate the key opinion consumers (KOCs) about how to promote the in-house labels and strategic brands of the company, also known as the Luca brands. The company also said that these brands produce competitive products for the market.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.