Business

Curated By Isabella Tang

By Isabella Tang 2026-08-26

Shein's Hong Kong IPO Order Book Reaches US$1.8 Billion

Shein, the fast-fashion giant, has reportedly covered its order book for its upcoming Hong Kong IPO, which is projected to raise up to US$1.8 billion. This move marks a significant step for the company as it aims to expand its global footprint amidst increasing competition in the fashion industry.

By Isabella Tang 2026-08-26

Jack Ma and Executives Boost AI Initiatives with Stock Purchases

Alibaba co-founder Jack Ma has joined a group of executives in purchasing stocks to reinforce the company's commitment to artificial intelligence. This strategic move is seen as a significant step towards enhancing Alibaba's position in the competitive AI landscape.

By Isabella Tang 2026-08-26

Shein's $1.8 Billion Hong Kong IPO Order Book Fully Covered

Shein, the fast-fashion giant, has successfully covered its $1.8 billion order book ahead of its Hong Kong IPO, signaling strong investor confidence. This marks a significant step for the company as it aims to expand its global reach and solidify its position in the competitive retail landscape.

By Isabella Tang 2026-08-25

Shein's Valuation Drops to $27 Billion Amid Hong Kong IPO

Fast-fashion giant Shein has seen its valuation shrink to approximately $27 billion as it prepares for its initial public offering (IPO) in Hong Kong. This development reflects broader challenges in the fast-fashion industry and growing scrutiny over sustainability practices.

By Isabella Tang 2026-08-25

Shein Launches Hong Kong IPO at $27 Billion Valuation

Shein, the fast-fashion giant, has officially launched its initial public offering (IPO) in Hong Kong, aiming for a valuation of $27 billion. This move marks a significant milestone for the company as it seeks to expand its global footprint and capitalize on the booming online retail market.

By Isabella Tang 2026-08-25

Alibaba Announces Share Placement to Fund AI Initiatives

Alibaba Group has unveiled plans to raise capital through a share placement aimed at bolstering its artificial intelligence efforts. This strategic move comes as the tech giant seeks to enhance its competitive edge in the rapidly evolving AI landscape.

By Isabella Tang 2026-08-25

Shein's IPO: A Diminished Prospect Amid Market Challenges

Shein's initial public offering (IPO) has faced significant challenges, leading to a reevaluation of its market potential. The fast-fashion giant's journey highlights the complexities of maintaining growth in a volatile economic environment.