Hong Kong

Higher import duties in key markets, growing regulatory risks hampering Shein’s growth prospects

It says territory provides access to a broad base of global and regional investors

The offering values it at over US$26 billion, far below its 2022 peak of nearly US$100 billion

The city stands out as a base for family enterprises whose regional operations, global portfolios and wider family networks now demand clearer structures for capital, ownership and heirs

Demand from retail investors for the retailer’s stock has not been overly strong: analyst

The slight dip follows June’s revised monthly gain of 0.2%

[HONG KONG] Hong Kong’s Chief Executive John Lee said on Wednesday (Aug 26) that the Asian financial hub’s first five-year plan would be released on September 16 followed by the annual policy address, public broadcaster RTHK reported.

The forecast gain would mark an acceleration in luxury rental values at a time when broader property sales remain under pressure

Exports rose almost 51% from a year earlier