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SHEIN
Global Market: China stocks edge up as policy support pledge lifts property sharesChinese mainland stocks edged higher as Beijing pledged stronger policy support to ease economic pressures, while Hong Kong shares fell. Pr...- Global Market: Shein shares tumble 6% as quarterly profit plunges 67%Shein shares fell over 6% after quarterly profit plunged 67% to $228 million, while margins narrowed sharply. Higher freight and jet fuel c...
- Shein returns to profit in second quarter, but warns of uncertain second halfAn increase in total orders fulfilled supported a more than 20% sequential jump in Shein's second-quarter net revenue, although the Iran co...
- LVMH signed a secret 2002 pact to buy Hermes heir's shares. Now he says his fortune is missingLuxury giant LVMH signed a secret 2002 agreement to buy Hermes shares from Nicolas Puech. The company also paid his wealth manager over twe...
- From India to Vietnam: Why some firms are rethinking the China-plus-one strategyCompanies are bringing manufacturing back to China after facing difficulties abroad. Replicating China's factory ecosystem and skilled labo...
- Shein seeks fast-fashion deals to spur growthArmed with $15 billion in cash, according to its prospectus, plus another $1.74 billion raised in the IPO, it is primed for an acquisition-...
- Global Market: China, Hong Kong stocks fall as global bond selloff, oil surge weigh on sentimentChinese and Hong Kong stocks fell as rising oil prices, higher bond yields and geopolitical tensions intensified inflation and interest-rat...
- Global Market: Shein shares slip after lacklustre Hong Kong debutShein shares fell over 3% after a weak Hong Kong debut, highlighting investor concerns over valuation, slowing growth and shrinking margins...
- France targets Shein and Temu with fast fashion feesThe fees add to Shein's difficulties as the end of duty-free access for cheap ecommerce parcels in the European Union and the U.S. caused ...
- Global Market: AI could force central banks to rethink monetary policyArtificial intelligence could fundamentally reshape financial markets and force central banks to rethink monetary policy communication and ...
- Behind Shein’s empire is founder Sky Xu who prefers the shadowsShein's founder, Sky Xu, appeared briefly at the Hong Kong stock exchange debut. He maintained a reclusive persona, unlike other company le...
- Global Market: China equities muted as Hong Kong stocks slide amid global risksChinese equities remained largely subdued on Tuesday, with defensive sectors cushioning losses in technology stocks. The Shanghai Composite...
- Global Market: Shein's weak listing draws analyst concerns over valuation and marginsShein shares fell 8% on their Hong Kong debut despite strong IPO demand, reflecting concerns over slowing growth, tariffs, trade restrictio...
- Fast-fashion giant Shein plunges 10% on Hong Kong debutIn its inaugural trading day in Hong Kong, fast-fashion retailer Shein experienced a ten percent drop in stock prices. The company successf...
- Global Market: China’s IPO boom gains momentum as AI, robotics fuel investor appetiteChina’s IPO market is gaining momentum, fuelled by strong investor appetite for AI, robotics and advanced technology companies. Hong Kong a...
- AI and robotics drive an IPO boom in China as Shein lists in Hong KongIn the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a...
- Global Market: Shein’s Hong Kong debut marks a major shift towards its Chinese rootsShein is set to debut in Hong Kong, marking a shift toward embracing its Chinese roots after failed US and UK listing efforts. Regulatory a...
- Global Market | Shein set to raise $1.7 billion in Hong Kong IPO at $26.5 billion valuation: ReportsShein is expected to price its Hong Kong IPO near HK$48.56 per share, raising about $1.7 billion at a $26.5 billion valuation. The listing ...
- Global Market: Shein valuation falls 70% from peak as Hong Kong IPO targets $1.77 billionShein launched its Hong Kong IPO at a valuation of up to $27 billion, around 70% below its 2022 peak, as slowing growth, rising costs and r...
- Global Markets: Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPOShein is set to launch its Hong Kong IPO with an ambitious goal of raising up to $1.8 billion. However, the company's valuation has plummet...
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