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Fast fashion giant Shein valued at up to $27 billion in Hong Kong IPO

Fast fashion giant Shein valued at up to $27 billion in Hong Kong IPO

HONG KONG, Aug 24 (Reuters) - Online fast-fashion retailer Shein will be valued at up to $27 billion as it aims to raise up to HK$13.86 billion ($1.77 billion) in its Hong Kong initial public offering launched on Monday, according to the firm's filings.

Shein's pursuit of an IPO: From New York to London to Hong Kong

Shein's pursuit of an IPO: From New York to London to Hong Kong

Aug 24 (Reuters) - Online fast-fashion retailer Shein launched its long-awaited Hong Kong IPO on Monday, aiming to raise up to HK$13.86 billion ($1.77 billion) at a valuation of close to $27 billion.

Alibaba launches $10 billion Hong Kong share placement to fund AI spending

Alibaba launches $10 billion Hong Kong share placement to fund AI spending

Aug 23 (Reuters) - China's Alibaba on Sunday launched a HK$80-billion ($10.2 billion) share placement to fund artificial intelligence-related development. A deal by the Chinese e-commerce and cloud computing giant would mark the largest-ever primary follow-on offering by a Hong Kong-listed company.

Alibaba plans $10 billion Hong Kong share placement to fund AI spending

Alibaba plans $10 billion Hong Kong share placement to fund AI spending

Aug 23 (Reuters) - China's Alibaba said on Sunday it plans to sell HK$80 billion ($10.2 billion) in a share placement to fund artificial intelligence-related development.

Oppenheimer has a blunt Nvidia stock message ahead of earnings

Oppenheimer has a blunt Nvidia stock message ahead of earnings

With Nvidia reporting August 26, Oppenheimer just published insights about the stock that cut through the noise around the trade.

Alipay+ Expands Cross-Border QR Network with Hang Seng Bank Partnership

Alipay+ Expands Cross-Border QR Network with Hang Seng Bank Partnership

Alipay+ Expands Cross-Border QR Network with Hang Seng Bank Partnership

Walmart stock price target reset by JPMorgan after earnings

Walmart stock price target reset by JPMorgan after earnings

JPMorgan adjusted its Walmart stock price target after the retailers quarterly update.

Shein targets Hong Kong market debut on September 1, sources say

Shein targets Hong Kong market debut on September 1, sources say

(Corrects headline to say Shein's debut date is September 1, not IPO launch date) Aug 20 (Reuters) - Shein aims to launch its Hong Kong initial public offering on Monday, according to a source familiar with the matter, and is targeting a listing on September 1, two other sources said, slightly later

Hong Kong court convicts Tiananmen vigil group leaders of inciting subversion

Hong Kong court convicts Tiananmen vigil group leaders of inciting subversion

By Joyce Zhou and Clare Jim HONG KONG, Aug 21 (Reuters) - Hong Kong's High Court on Friday convicted two pro-democracy activists of inciting subversion, highlighting their use of the phrase "end one-party dictatorship" in their political activities.

UBS Analyst Maintains Bullish View on Walmart Amidst Stock Decline Following Earnings Report

UBS Analyst Maintains Bullish View on Walmart Amidst Stock Decline Following Earnings Report

UBS Analyst Maintains Bullish View on Walmart Amidst Stock Decline Following Earnings Report

Wall St rebounds, but yield surge sets stage for weekly losses

Wall St rebounds, but yield surge sets stage for weekly losses

By Avinash P and Purvi Agarwal Aug 21 (Reuters) - The main U.S. stock indexes rose on Friday after a drubbing in the previous session, though markets were still on track to end the week lower as elevated government bond yields and geopolitical tensions weakened risk tolerance.

Gas Prices are about to defy everything drivers expect

Gas Prices are about to defy everything drivers expect

Middle East conflict poised to disrupt seasonal price patterns.