Neutral
Last updated: 2026-08-25 20:46:03 ET
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.
Known for selling cheap clothing, the online retailer has seen its value drop sharply from earlier estimates amid scrutiny over its environmental foot...
The fast-fashion giant's shares are due to start trading in Hong Kong on 1 September.
A deal by the Chinese e-commerce and cloud computing giant would mark the largest-ever primary follow-on offering by a Hong Kong-listed company.
The fast-fashion giant is targeting a listing in Hong Kong by Sept. 1. It’s been trying to go public for four years.
Chan said firms from sectors like biotechnology, mining, and consumer companies are also in the pipeline.
CK Hutchison is seeking over $1.5 billion from Panama for damages to its investments after the country seized two ports at the ends of the Panama Cana...
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