
Shein Targets $27 Billion Hong Kong IPO Amid Valuation Drop
Fast fashion retailer Shein is preparing for an initial public offering (IPO) in Hong Kong, aiming for a valuation of $27 billion, significantly lower than its peak 2022 valuation. Meanwhile, Alibaba has launched its Wan3.0 AI video model after a $10 billion share sale.
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Shein to pay up to $3.5 billion to select pre-IPO investors around Hong Kong listing - Reuters
Shein to pay up to $3.5 billion to select pre-IPO investors around Hong Kong listing Reuters
Read full article →Shein aims for almost $27bn valuation in stock market debut
The fast-fashion giant's shares are due to start trading in Hong Kong on 1 September.
Read full article →Alibaba Raises $10 Bln in Record Hong Kong Share Sale
Alibaba raised HK$80 billion ($10.2 billion) in Hong Kong’s biggest secondary share sale. The online retail giant-turned-AI player sold 710 million shares at HK$112.7 each. Its shares slid as much as 10% Monday morning, their steepest drop since April 2025. Bloomberg's Anthony Stephens reports. (Source: Bloomberg)
Read full article →Shein plans to raise $1.8bn in Hong Kong IPO
Fast-fashion retailer’s previous attempts to list in New York and London faced opposition
Read full article →Fast-fashion giant Shein aims for $27bn valuation in Hong Kong market debut
Known for selling cheap clothing, the online retailer has seen its value drop sharply from earlier estimates amid scrutiny over its environmental footprint Shein will debut on the Hong Kong stock exchange on 1 September, the fast-fashion retailer said on Monday, in a long-awaited listing that would value the group at close to $27bn. Founded in China and now headquartered in Singapore, the online retailer secured Beijing’s approval last month to make its initial public offering in Hong Kong. ...
By Guardian staff with agencies
Read full article →China’s broken promises over Hong Kong show contempt for freedom - The Times
China’s broken promises over Hong Kong show contempt for freedom The Times
Read full article →Shein targets $27 billion Hong Kong IPO — a fraction of its 2022 valuation
Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in its initial public offering, according to a filing on Monday.
Read full article →Hong Kong airport embraces future of travel with Terminal 2
When Hong Kong International Airport (HKIA) opened in 1998 to replace its predecessor, the iconic Kai Tak Airport, the world was amazed by its engineering and architectural marvels. HKIA’s construction transformed the geography of northern Lantau Island, adding 1 per cent to the city’s total land mass by reclaiming land to connect two other islands, Chek Lap Kok and Lam Chau. The main terminal, designed by the renowned architect Norman Foster, revolutionised the passenger experience with its...
By Morning Studio editors
Read full article →Key Facts About Chinese-founded Fast-fashion Giant Shein - Barron's
Key Facts About Chinese-founded Fast-fashion Giant Shein Barron's
Read full article →Alibaba Group Announced Pricing of HK$80 Billion Placing of New Shares in Hong Kong - Morningstar
Alibaba Group Announced Pricing of HK$80 Billion Placing of New Shares in Hong Kong Morningstar
Read full article →Shein was fast fashion’s next big thing. Now it’s fighting for a second act
Facing pressure in the United States and Europe, the online retailer is struggling to find new ways to grow ahead of its much-delayed initial public offering.
By Sui-Lee Wee
Read full article →Shein targeting up to £20bn valuation in September stock market float
The group had reportedly been worth more than 100 US dollars (£73.3 billion) at its peak following a private fundraising in 2022.
By Holly Williams
Read full article →Alibaba shares plunge after $10bn new share placement to fund AI spending
Read full article →This Chinese Tech Giant Quietly Cut Its Buyback 80% to Fund AI
Read full article →Burry says he sold Alibaba, calling it pricey before share sale
“I planned to move most of it back after a month or two. No longer,” Burry said in a post on Substack.
By Se Young Lee, Bloomberg
Read full article →IPO rush continues: 10 issues to raise over Rs 3,500 crore this week
This week sees the launch of six mainboard IPOs and four from the SME sector, with total fundraising expected to surpass Rs 3,500 crore. Among these, Symbiotec Pharmalab's IPO stands out as the largest, aiming for substantial investment. The market is buzzing with other companies also set for their stock market introductions, ensuring a robust IPO pipeline this month.
Read full article →SoftBank plans record $6.3 billion retail bond sale in Japan
The 7-year bonds are expected to be priced on Sept. 4, with an indicative coupon range of 4.3% to 4.9%, according to a company filing.
Read full article →Hong Kong hits back at ‘external forces’ after NGOs, foreign govt’s condemn conviction of Tiananmen vigil activists
The Hong Kong government and the legislature have hit back at “external forces” that voiced concerns over the conviction of two pro-democracy figures who organised Hong Kong’s annual Tiananmen vigils. In a statement, the government “expressed strong dissatisfaction with and firm opposition to, and strongly condemned, the baseless slanders” by western nations as well as […]
By James Lee
Read full article →Shein to seek $1.7 bln from September listing in Hong Kong
Shein will debut on the Hong Kong stock exchange on Sept.1, seeking to raise $1.7 billion from the long-awaited listing, the fast-fashion giant said on Aug. 24.
Read full article →UGM-Linked Swayasa Prakasa Plans IPO to Raise Rp45.22 Billion
UGM-linked Swayasa Prakasa plans an IPO to raise Rp45.22 billion, with proceeds earmarked for expansion, capital spending and debt repayment.
Read full article →Cecilia Cheung treats fans to free HK Disneyland tickets, praised for humility - The Star
Cecilia Cheung treats fans to free HK Disneyland tickets, praised for humility The Star
Read full article →Shein aims for almost $27bn valuation in stock market debut
Fast-fashion giant Shein says it plans to raise up to HK13.86bn (£1.3bn; $1.77bn) when its shares start trading on the Hong Kong stock market on 1 September.
By Abubakar Ibrahim
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