Shein reportedly filed confidential IPO papers in Hong Kong, 18 months after filing to go public on the London Stock Exchange. Why it matters: The fast-fashion giant is trying to pressure U.K.
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Shein takes step toward its IPO
Shein files for Hong Kong IPO in bid to revive stalled London listing: report
Shein has confidentially submitted plans for an initial public offering in Hong Kong as the fast-fashion giant looks to speed up its prolonged listing efforts and push UK regulators to approve a …
Shein files for Hong Kong IPO to pressure UK to save London listing
Shein has filed to float in Hong Kong in part to try to pressure the UK regulator into compromising on its risk disclosure requirements and keep alive what could be the biggest IPO on the…
How U.S.-China Chip Restrictions Are Reshaping The Global Tech Investment Landscape
The United States has been tightening its policy of exporting semiconductors to China in recent years. The aim of this strategy is to curb the technological and military advancements of the country.
China’s carmakers expanding their presence in Europe
Chinese automakers are expanding in Europe, betting on their competitive pricing and advanced technology to break into a market traditionally dominated by European and American brands, amid a global …
Map Shows ‘Nuclear Weapons-Free Zone’ Backed by Russia and China
Russia and China would be the first nuclear powers to sign a treaty barring use of the weapons in Southeast Asia.
China jumps ahead in the race to achieve a new kind of reuse in space
China’s Shijian-21 and Shijian-25 satellites, known as SJ-21 and SJ-25 for short, likely docked together in geosynchronous orbit some time last week. This is the conclusion of multiple civilian satellite trackers using open source imagery…
Home Sales in China’s Wuhan Jump Nearly 15% in First Half as Property Market Heats Up
The total area of newly built homes sold in Wuhan in the first half soared 30.6 percent from the same period last year to 5.07 million square meters, according to data released yesterday by the…
Shenzhen authorities issue warning over illegal fundraising
Financial regulators in Shenzhen, South China’s Guangdong province, have urged residents to be alert to illegal fundraising activities that amount to fraud.
US ginseng growers and animal breeders rely on exports to China. Now they wait on a trade deal.
The U.S. pork industry exports about 55 percent of pork offal, sometimes called pork variety meats, to China, according to the National Pork Producers Council. These are the internal organs of hogs, like the kidneys,…
China’s Car Inc launches self-driving rental service with Baidu’s Apollo
China’s Car Inc has launched an autonomous driving rental service with Baidu’s smart driving business Apollo, it said on Tuesday.
Who is the Chinese hacker the US is accusing of stealing vaccine secrets?
A Chinese tech worker, Xu Zewei, was arrested in Milan at the request of the US for allegedly hacking American Covid-19 vaccine research during the pandemic. Tied to the Chinese state-linked Hafnium …
US Flexes Air Power With Ally in Contested South China Sea
Washington and Manila support regional and global security by increasing readiness and strengthening deterrence, the U.S. Pacific Air Forces said.