AI and Robotics Drive an IPO Boom in China as Shein Lists in Hong Kong – WTOP News
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12 Articles
Going public is an art, but timing is everything. This is proven by the Chinese online retailer Shein, which makes its debut on the Hong Kong stock exchange on Tuesday morning. The company, once worth 100 billion dollars, will barely fetch 25 billion dollars.
At the Hong Kong financial centre, the shein shopping platform is expected to make its market debut this Tuesday.
Shein, known for its ultra-low prices and fast-growing clothing, debuts on the stock market in this Asian market after her plans to carry out this operation in New York and London were hampered by regulatory difficulties.
AI and robotics drive an IPO boom in China as Shein lists in Hong Kong – WTOP News
HONG KONG (AP) — Chinese markets are booming with new public stock offerings, energized by the craze for artificial intelligence and other advanced technology and a growing preference to list shares in Hong Kong and Shanghai. In the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a blockbuster initial public offering raising $1.7 billion, in one of the city’s bigg…
Eduardo Bolinches warns that historical statistics point to stock market declines while inflation and global debt keep investors on the alert
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