Shein targets $1.7 billion Hong Kong IPO at $26.5 billion valuation
Why it matters: The listing followed a pivot from New York and London after Chinese regulators withheld approval.
Bloomberg, The Business Times (Singapore) +1
Subject
#China Securities Regulatory Commission
Banks curb China travel as Beijing widens cross-border crackdown
What's new: UBS delayed a mainland wealth event, while Hong Kong regulators now require declarations that new investment funds came from outside China.