After failed attempts to float in London and New York, Shein has gotten a final go-ahead from Beijing to go public in Hong Kong.
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Shein Gains Beijing Approval for Hong Kong IPO
Shein IPO: China-backed fast-fashion giant wins regulatory nod for Hong Kong listing
Shein’s long battle to go public serves as an example of how geopolitics has changed the way Chinese businesses look for foreign funding.
How Volkswagen’s Troubles Were Made in China
The German auto giant’s push into China powered it for decades, but now the company faces fierce competition from Chinese automakers in markets around the world.
Chinese company UBTech launches hyper-real humanoid robots for lonely people
Their metallic frames covered in supple, lifelike skin, a posse of new Chinese robots meant for companionship can offer users AI-generated conversation or a hand to hold, complete with manicured nails …
China’s Property Market to Go On Bottoming Out, Recovering in Second Half, Think Tank Says
China’s real estate market is likely to remain in a bottoming-out and gradual recovery phase during the second half of this year, with the pickup expected to stay highly uneven, according to the China …
China Vanke Says First-Half Loss May Widen to $2.2 Billion
China Vanke Co. said its first-half loss could reach $2.2 billion due to low gross margins on property development projects and asset impairment charges.
Shein wins Chinese approval for Hong Kong IPO
HONG KONG/LONDON, July 10 (Reuters) – China approved fast-fashion retailer Shein’s long-awaited Hong Kong IPO on Friday, a notice posted on the China Securities Regulatory Commission (CSRC) website …
Shein finally wins China’s approval for Hong Kong IPO, in third attempt to go public
By Kane Wu and Helen Reid HONG KONG/LONDON, July 10 (Reuters) – Ultra fast-fashion retailer Shein won approval for its long-awaited Hong Kong IPO on Friday, a notice posted on the China Securities …
China now has seven of the world’s 10 biggest banks as Beijing’s financial ambitions grow
China’s ‘big four’ banks took the top spots in The Banker’s latest global ranking, with JPMorgan Chase following in fifth place …
China temporarily bans helium exports as US-Iran tensions flare again
By Eduardo Baptista BEIJING, July 10 (Reuters) – China announced on Friday a temporary export ban on helium, effective immediately, as resumption of military conflict in the Middle East threatens to …
China takes a page from SpaceX and recaptures the first stage of a rocket to reuse it
China successfully recaptured the first stage of a rocket after a launch on Friday in a breakthrough for the country’s space program, state media said. The first stage of a Long March-10B rocket …
With a Successful Rocket Launch, China Clears a Key Hurdle in Race With SpaceX
The launch and recovery of the Long March 10B could represent a long-awaited breakthrough for Chinese satellite companies.
Typhoon Bavi takes aim at China as Taiwan’s capital shuts schools
A powerful typhoon was heading toward China’s east coast Friday, the latest in a series of deadly storms that have already claimed 50 lives this week in two other parts of the country.Typhoon Bavi, …
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