Hong Kong Exchanges and Clearing explores merging GEM with main board, source says

Bourse operator Hong Kong Exchanges and Clearing (HKEX) is exploring merging the GEM board with its main board by creating a new chapter of its listing rules, according to a source familiar with the discussions. The proposal to create Chapter 18D, which would be a core part of the second phase of the review of the list

Shein's Hong Kong IPO pricing values company at $26.5 billion, sources say  Reuters

HONG KONG: Online fast-fashion retailer Shein's Hong Kong IPO book to raise up to US$1.8 billion has been fully covered by investor demand, two sources said, bringing it closer to its long-awaited market debut amid growing business and regulatory challenges.Shein launched its new share sale on Monday (Aug 24), valuing

The fast-fashion retailer's offering values it at roughly 70% below its 2022 peak of $98.2 billion

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.

China-based retailer swung to $99m loss in first quarter and faces scrutiny over its environmental footprint Business live – latest updates Shein, which built a fast-fashion empire on what seemed like impossibly low prices, has been forced to lower its own valuation in a cut-price stock market float, after falling in

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.

Shein Targets $27 Billion Valuation in Long-Awaited Hong Kong IPO  WSJ

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