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CITIC Resources' 2026 Interim Net Profit Up 88.3%

Shein to pay up to $3.5b to select pre-IPO investors ahead of HK listing

The prospectus does not disclose how much each investor will receive.

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Shein targets

Shein is seeking a valuation of as much as $27 billion in its long-awaited Hong Kong initial public offering, marking a sharp reduction from its…

Shein IPO aims for $27bn valuation — and Europe is key to its future

Shein is seeking a valuation of up to approximately $27 billion (€23.1bn) in its September flotation on the Hong Kong Stock Exchange, far below…

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

HONG KONG: Online fast-fashion retailer Shein's valuation has dropped by around 70% from a near $100 billion private market peak four years ago,…

Shein targets $27 billion Hong Kong IPO — a fraction of its 2022 valuation

Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in its initial public offering, according to a filing on Mo…

Activist quietly remembers Tiananmen crackdown

HONG KONG -- As Hong Kong's government on Saturday condemned "baseless slanders" against the city as two more democracy activists were convicted…

Fast-fashion giant Shein shrinks value to $27 billion, at best, in Hong Kong IPO

HONG KONG — Online fast-fashion retailer Shein’s valuation has dropped by around 70% from its private market peak four years ago, as it aims to…

Softcare Reports 46% Interim Profit Growth as Emerging-Market Momentum Continues, Payout Ratio Rises to Approximately 66%

HONG KONG, Aug. 24, 2026 /PRNewswire/ — Softcare Limited (“Softcare” or the “Company”; HKEX: 2698) recently held its first interim results prese…

Murder-suicide suspected as woman found dead after husband jumps from building

Hong Kong police investigating after woman found dead in flat shortly after alleged suicide of 80-year-old husband in Kwai Chung Estate.

Building the Future: How BTRi Is Positioning Hong Kong as the Global Gateway for Construction Innovation

Two years on from its establishment, the Building Technology Research Institute (BTRi) has grown into a driving force for construction innovatio…

Alibaba raises US$10bil for AI in record Hong Kong share sale

The online retail giant-turned-AI player plans to use the proceeds to invest in full-stack AI capabilities, including expanding and enhancing it…

Meet the Chef: Cedric Vongerichten

Meet Cédric Vongerichten- the son of Jean-Georges Vongerichten, who trained at El Bulli and Hong Kong’s Mandarin Oriental before striking out so…

Antengene Announces 2026 Interim Results: Achieves First‑Ever Profitability and Accelerates Value Creation Through Innovative R&D

/PRNewswire/ -- Antengene Corporation Limited ("Antengene", SEHK: 6996.HK), a leading innovative, commercial-stage global biotech company dedica…

Record non-DSE admissions to Hong Kong’s universities spark calls for quotas

Number of non-DSE students in Hong Kong public universities surges 63 per cent, while local exam-takers fall to 72 per cent of intake.

Hong Kong homebuyers snap up units at weekend as value-focused demand deepens

The Sterling residential development drew 46,000-plus subscriptions, highlighting appeal of urban locations with strong transport links as housi…

Shein’s valuation plunges 70% to US$27 billion at best in Hong Kong IPO

The decline in valuation follows questions over slowing growth, rising costs and changing market conditions Read more at The Business Times.