Shein targets Sept. 1 Hong Kong IPO at $26 billion to $27 billion
What's new: The planned valuation is far below Shein's $100 billion 2022 private fundraising mark as growth slows and costs rise.
The New York Times, The Business Times (Singapore) +1
Subject
#Ubs Group
Thai regulator probes mystery US$960 million stake in True Corp
What's new: True flagged apparent errors in the filing, including a claim about preferred shares the company said do not exist.
Singapore retakes No. 1 in IMD ranking as Switzerland drops to third
What's new: IMD linked Switzerland's slide to negative $60.7 billion in inward investment and pressure from a strong franc and US tariffs.
Bloomberg, The Straits Times