Shein trades $100bn dream for discounted Hong Kong IPO
The fast-fashion giant once valued at $100 billion is now seeking a listing in Hong Kong at a marked-down price, signaling a sobering turn for the company and its investors.

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The fast-fashion giant once valued at $100 billion is now seeking a listing in Hong Kong at a marked-down price, signaling a sobering turn for the company and its investors.
The fast-fashion giant's Hong Kong debut at a fraction of its 2022 peak cuts founder Sky Xu's net worth to $8B, signaling a shift in investor appetite from e-commerce to AI.
President Trump doubled down on tariffs, telling U.S. businesses to stop importing Canadian goods and crediting his trade policy for reviving Ford and GM.
Caterpillar's stock is no longer just a cyclical bet - it's riding the AI infrastructure boom, and investors are paying a premium for it.
Privacy fixes and a PR blitz aim to save the smart glasses bet, but venue bans and harassment clips keep mounting.
The deal could reshape global oil flows and test US sanctions policy, but critics see a giveaway of national assets.
After months of fear that AI would replace subscription software, a strong earnings week has investors betting the sector's rally has more room to run.
L'Orient Today, an independent nonpartisan outlet, is offering a 3-month subscription for $0.5 to sustain its mission amid Lebanon's crisis.
Analysts say the worst of the commercial property slump may be passing, yet highly leveraged owners still face a tough refinancing path ahead.
A regulatory review that could ripple across Gulf banking networks, forcing boards to recheck their own sanctions exposure.
A veteran modding team releases an unofficial native port of the N64 classic without any generative AI, proving hand-coded expertise still outperforms automated shortcuts.
The chip giant's acquisition of the open-source AI hub validates a decade-long bet and reshapes the competitive landscape for every AI company.