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LATEST

UK's National Crime Agency Freezes $13.6M of Premier League Money in Sorare Probe: Report●Global bond yields soar to multi-decade highs as Middle East turmoil reignites inflation fears●Eurozone inflation jumps to 3.3% in August as energy prices surge●HDFC Bank’s Jagdishan paradox: Stock lagged even as domestic funds doubled down●Kraken parent Payward to tokenize 100 London-listed stocks, with LSE 24 trading planned●Global Market: European shares muted as bond yields surge on inflation concerns●Cement prices surge 329% in 5 years despite excess production capacity●Prediction: This Will Be Palantir's Stock Price in a Year (Hint: It Implies a Big Move)●UK's National Crime Agency Freezes $13.6M of Premier League Money in Sorare Probe: Report●Global bond yields soar to multi-decade highs as Middle East turmoil reignites inflation fears●Eurozone inflation jumps to 3.3% in August as energy prices surge●HDFC Bank’s Jagdishan paradox: Stock lagged even as domestic funds doubled down●Kraken parent Payward to tokenize 100 London-listed stocks, with LSE 24 trading planned●Global Market: European shares muted as bond yields surge on inflation concerns●Cement prices surge 329% in 5 years despite excess production capacity●Prediction: This Will Be Palantir's Stock Price in a Year (Hint: It Implies a Big Move)●

Asia

Shein slips on Hong Kong debut amid fast-fashion challenges

Business - South China Morning Post · 59m ago · 🇨🇳 China

Shein slips on Hong Kong debut amid fast-fashion challenges

Fast-fashion retailer Shein fell on its Hong Kong trading debut as the unprofitable company contends with rising competition and the loss of tax breaks in key markets. Shares dropped 0.1 per cent from the initial public offering (IPO) price to close at HK$48.50. They earlier slumped as much as 10 per cent. The company raised HK$13.6 billion (US$1.7 billion) in its IPO, the fourth biggest in Hong Kong this year. The sale valued Shein at about US$26 billion, compared with a peak of about US$100...

Read the full story at Business - South China Morning Post →

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