Companies
Earnings, results, corporate strategy and the balance sheets of the biggest listed companies in the world.
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Alibaba's $10 billion Hong Kong share sale rattles investors, including Michael Burry
The investor said Alibaba stock would need to fall by half for him to become interested again, calling out the company's share iss…
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Shein is launching its long-awaited Hong Kong IPO at a fraction of its 2022 valuation
The fast-fashion retailer's offering values it at roughly 70% below its 2022 peak of $98.2 billion
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Shein Launches $27 Billion IPO, Down 70% From Its Peak Valuation
Shein is going public in Hong Kong, but its 73% valuation plunge highlights mounting cost, regulatory pressures, and a reputationa…
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Labubu-maker Pop Mart stock sinks after overseas sales slumped — and Citi cuts its outlook
Shares fell as much as 8.9% in Hong Kong after Asia-Pacific and Americas revenue declined, and Citi lowered its price target to HK…
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Shein is pushing back its Hong Kong IPO debut as investor appetite wanes
The fast-fashion retailer had been aiming for an August 28 listing, but slower growth and rising costs have dampened investor appe…
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Shein's Hong Kong IPO valuation has plunged to a quarter of its 2022 peak
The fast-fashion retailer's expected listing price has dropped below the $30–$40 billion range it was targeting earlier this month
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Zhongji Innolight Plunges In Hong Kong Debut As Global AI Trade Loses Steam
A key component supplier to global AI infrastructure faces tepid sentiment as investors increasingly question whether massive spen…