Shein targets almost $27bn valuation ahead of Hong Kong stock market debut
Shein is set to debut on the Hong Kong stock exchange on September 1 at a valuation of almost $27…
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
Alibaba shares fall 8% after $10 billion Hong Kong share sale
Alibaba shares opened down roughly 8% on August 24 after the company raised more than $10 billion in a Hong…
Shein Launches Up to $1.8 Billion Hong Kong IPO After US, London Setbacks
Shein has launched book building for a Hong Kong initial public offering that could raise up to HK$13.86 billion, valuing…
Cathie Wood says Wall Street analysts are missing Circle’s threat to Visa and Mastercard
Cathie Wood argues Wall Street payments analysts are underestimating the threat Circle poses to Visa and Mastercard, pointing to CRCL's…
Walmart Stock Suffers Worst Day Since 2022 After Tariff-Refund Price Cuts
Walmart shares suffered their worst one-day drop since 2022 after the retailer said it would spend roughly $2.9 billion in…
