Chinese online fashion giant Shein announced plans to raise $1.77 by selling 280 million in its long-awaited IPO on the Hong Kong Stock Exchange.
Fast fashion giant Shein launches up to $1.8 billion Hong Kong IPO
HONG KONG, Aug 24 (Reuters) - Online fast-fashion retailer Shein launched book building for a Hong Kong initial public offering on Monday, aiming to raise up to HK$13.86 billion ($1.77 billion), ...
Hong Kong launches real-name booking system for popular Sai Kung coastal trail
Visitors can make bookings for Po Pin Chau section of High Island Geo Trail on Klook’s website, app and WeChat mini-programme.
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.
The Shein IPO Is Finally On But It Has Lost 70% In Value Along The Way
After four years hitting heads with U.S. and U.K. regulators, Shein will get its IPO. But the valuation has come down a long, long way from the heady post-pandemic days.
Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPO
By Yantoultra Ngui and Kane Wu HONG KONG, Aug 24 (Reuters) - Shein aims to raise up to $1.8 billion in a Hong Kong IPO that values the fast-fashion retailer roughly 70% below its private-market peak ...
Shein seeks $27bn valuation from Hong Kong IPO
New figure is just over a quarter of its peak after fast-fashion retailer’s attempts to list in New York and London derailed by opposition ...
John Lee urges start-ups to seize opportunities through ‘golden gateway’ of Hong Kong
City leader makes familiar pitch to attendees at summit, citing Hong Kong's ability to help global firms enter mainland China and vice versa Hong Kong's leader has called on scientists, leading ...
Shein targets $27 billion valuation in long-awaited Hong Kong IPO
The fast-fashion giant said it would use the proceeds raised to strengthen its technology infrastructure, as well as strengthen its global presence.
Shein to pay up to $3.5 billion to select pre-IPO investors around Hong Kong listing
By Yantoultra Ngui and Selena Li HONG KONG, Aug 24 (Reuters) - Online fast-fashion retailer Shein will pay up to $3.5 billion to selected existing investors — almost twice the fresh capital it is ...
University of Hong Kong wins ABU Robocon 2026
A team from the University of Hong Kong has won an annual robot performance competition sponsored by the Asia-Pacific Broadcasting Union.
Hong Kong’s new frontier: Where the Philippines grows global
In little more than a decade, the Philippines has built a formidable dual engine of growth—a manufacturing base exporting electronics and components to every major market, powered by one of the ...
Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AI
SHANGHAI, Aug 24 (Reuters) - The Hong Kong-listed shares of Alibaba slumped on Monday after the Chinese e-commerce and cloud computing company launched a $10.2 billion share placement, as investors ...
Fast fashion giant Shein valued at up to $27 billion in Hong Kong IPO
By Yantoultra Ngui and Kane Wu HONG KONG, Aug 24 (Reuters) - Online fast-fashion retailer Shein's valuation has dropped by around 70% from a near $100 billion private market peak four years ago, as it ...