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Keywords: Hong kong


Shein targets $25 billion valuation for Hong Kong IPO amid market challenges

Online fashion giant Shein is preparing for a major stock market debut in Hong Kong, with the company reportedly seeking a valuation of around $25 billion. The expected figure represents a significant decline from the nearly $100 billion valuation the retailer achieved four years ago, reflecting a more......

Shein moves closer to a Hong Kong listing with valuation of up to $25 billion

Global fast-fashion giant Shein is reportedly moving closer to an initial public offering in Hong Kong, potentially marking a major step in the company’s efforts to strengthen its position in international financial markets. Bloomberg Intelligence estimates that the fashion retailer could be valued......

Hong Kong records hottest day since 1884 as temperatures hit 36.9C

Hong Kong has experienced its hottest day since official meteorological records began in 1884, with temperatures climbing to 36.9C on Sunday, according to the Hong Kong Observatory. The record was reached at around 3:30 p.m. local time, surpassing previous temperature records and highlighting the intensity......

Shein prepares for Hong Kong IPO amid lower valuation expectations

Shein is preparing to begin investor meetings ahead of its planned initial public offering (IPO) in Hong Kong, marking a significant step toward one of the most closely watched stock market listings in the global e-commerce sector. According to reports, the online fashion retailer will use the meetings......

Shein discloses strong financial results as Hong Kong IPO moves closer

Fast-fashion retailer Shein has revealed key financial figures ahead of its anticipated initial public offering (IPO) in Hong Kong, marking a significant milestone in the company's long-running effort to enter public markets. According to a draft prospectus filed with the Hong Kong Stock Exchange,......

Chinese humanoid robot maker AgiBot begins Hong Kong IPO process amid AI race

Chinese humanoid robot developer AgiBot has begun the process of preparing for a potential initial public offering in Hong Kong, according to state media outlet Securities Times, as competition in artificial intelligence and robotics accelerates. The move places AgiBot among a growing number of Chinese......

Hong Kong cinema legend Patrick Tse Yin dies at 89 after decades on screen

Patrick Tse Yin, one of the most recognizable figures in Hong Kong’s film history, has died at the age of 89, marking the end of a career that spanned more than seven decades and left a lasting imprint on Asian cinema. The actor’s children, Jennifer Tse and Nicholas Tse, announced his death......

Shein moves closer to major Hong Kong IPO targeting up to $3 billion

Fast-fashion giant Shein is moving closer to launching one of the largest initial public offerings (IPOs) in Hong Kong in recent years, with reports indicating the company aims to raise between $2 billion and $3 billion through its planned stock market debut. According to market sources, the company......

Shein executive chairman Donald Tang prepares to step down as Hong Kong IPO approaches

Global fast-fashion retailer Shein is preparing for a major leadership transition as Executive Chairman Donald Tang is expected to step down from his current role while the company's long-awaited initial public offering enters its final stages, according to people familiar with the matter. The move......

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