HeyJaredYantoultra Ngui
- Indexed articles, last 90 days
- 4
- Latest publication
- Jul 28, 2026
- Outlet visibility, for yahoo.com
- Top 1K sites
- Earliest in this view
- Jul 26, 2026
Latest articles
Zhongji Innolight raises $6.81 billion in Asia's second-largest listing of 2026 (opens the original)
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SINGAPORE, July 28 (Reuters) - Chinese optical parts maker Zhongji Innolight said on Tuesday it had priced its Hong Kong listing at HK$980 per H share, raising HK$53.41 billion ($6.81 billion) in Asia's second-largest listing this year. The Shenzhen-listed company sold 54.5 million Hong Kong shares in the deal. The final offer price was below the maximum limit of HK$1,010 set when the deal was launched last week. The listing is poised to become Hong Kong's biggest share sale in nearly seven y
Shein will struggle to justify $40-50 billion Hong Kong IPO valuation (opens the original)
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SINGAPORE/HONG KONG, July 27 (Reuters) - Investors are expected to scrutinise whether Shein can justify the $40 billion to $50 billion valuation it is seeking in a Hong Kong initial public offering after a prospectus filed on Sunday showed slowing growth and a sharp decline in profitability. Revenue rose 8% to $41.8 billion in 2025, but net income fell 39% to $2.06 billion. In the first quarter of this year, the fast fashion retailer swung to a $99 million loss, the filing showed. While the qu
Shein will struggle to justify up to $50 billion Hong Kong IPO valuation (opens the original)
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SINGAPORE/HONG KONG, July 27 (Reuters) - Investors are expected to scrutinise whether Shein can justify the $40 billion to $50 billion valuation it is seeking in a Hong Kong initial public offering after a prospectus filed on Sunday showed slowing growth and a sharp decline in profitability. Revenue rose 8% to $41.8 billion in 2025, but net income fell 39% to $2.06 billion. In the first quarter of this year, the fast fashion retailer swung to a $99 million loss, the filing showed. While the qu
Shein flags tariff hits after posting quarterly loss ahead of Hong Kong IPO (opens the original)
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By Yantoultra Ngui, Selena Li and Liz Lee SINGAPORE/BEIJING, July 26 (Reuters) - Shein swung to a $99 million quarterly loss due to slowing sales after the U.S. removed an import duty exemption on small packages and a hefty one-time accounting charge, the online retailer's pre-IPO financial filings showed on Sunday. The filing, which lays the groundwork for investor roadshows and official bookbuilding of its much-awaited Hong Kong IPO, showed that Shein posted a loss in the first quarter of 202
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