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Mutares buys Symrise’s US terpene business AmeriTerpenes●NGX closes August with 56.93% YTD gain as buying interest picks up●Nigerian stocks rebound, but September could change the game●Shein shares fall up to 10% after long-awaited trading debut●Dollar gains on rate hike expectations, yen retreats past 160●Live updates: Bitcoin ETFs resume buying as ether funds stretch streak to 11 days●UK house prices rise for first time since April, says Nationwide●Apple’s 2,275% gain under Tim Cook is a tough act for John Ternus to follow●Mutares buys Symrise’s US terpene business AmeriTerpenes●NGX closes August with 56.93% YTD gain as buying interest picks up●Nigerian stocks rebound, but September could change the game●Shein shares fall up to 10% after long-awaited trading debut●Dollar gains on rate hike expectations, yen retreats past 160●Live updates: Bitcoin ETFs resume buying as ether funds stretch streak to 11 days●UK house prices rise for first time since April, says Nationwide●Apple’s 2,275% gain under Tim Cook is a tough act for John Ternus to follow●

Front Page

Shein shares slide on fast-fashion retailer’s stock market debut

Business | The Guardian · 1h ago · 🇺🇸 United States

Shein shares slide on fast-fashion retailer’s stock market debut

Hong Kong flotation at $26bn by firm once valued at $100bn follows failure to list in US and UK Shares in the fast-fashion brand Shein slumped as much as 10% as the China-founded company made its long-anticipated trading debut on the Hong Kong stock exchange. The Singapore-headquartered company, once valued at almost $100bn (£74bn), went public on Tuesday pricing shares at HK$48.56, valuing the business at just over $26bn. Continue reading...

Read the full story at Business | The Guardian →

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