US investors appear to be on the verge of losing out on Shein’s potentially huge initial public offering, as the fast-fashion giant with Chinese roots prepares a confidential filing for a listing in London instead.
Singapore Exchange Market falls 0.3%
At closing bell, the Straits Times Index (STI) index was down 9.93 points, or 0.3% to 3,338.94 after trading between 3,332.88 and 3,349.17. Across the broader market, decliners outpaced advancers 281 ...
China-founded online fast-fashion retailer Shein to file IPO in London: UK media reports
The Singapore-headquartered company, which has signed Goldman Sachs, JP Morgan and Morgan Stanley as financial advisers, aims to raise over 1 billion pounds (US$1.28 billion) from the IPO, which would value the company at around 50 billion pounds ...
As Shein’s IPO approaches, what will it mean for the ultra-cheap online retailer and for London?
Although Shein has not officially announced a date, its eventual IPO would be London’s most high-profile in years. What do we know about the IPO? It is coming very soon and it’s probably going to happen in London.
Singapore shares open lower on Tuesday—STI fell by 0.1%
SINGAPORE: Singapore shares opened lower on Tuesday, June 4, influenced by the mixed performances of... The post Singapore shares open lower on Tuesday—STI fell by 0.1% appeared first on The Independe ...
European IPO Market Roars Back to Life: A Promising Start to 2024
SINGAPORE, SINGAPORE / ACCESSWIRE / June 3, 2024 / The IPO market has roared back to life in 2024, showcasing its strongest start since the 2021 boom. High-profile transactions involving companies like Galderma, Douglas, Puig, and CVC have signaled a ...
Singapore Releases Environmental Crimes Money Laundering National Risk Assessment
Singapore recently released the Environmental Crimes Money ... Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment ...
When will Singapore’s next general election be held? Political buzz sparks polls gear-up
The election boundaries committee had yet to be convened as of May 31, but analysts haven't ruled out a September election based on past timelines New PM Lawrence Wong should not be in a hurry and ...
Shein IPO: Why the rumored London stock listing is as surprising as it is controversial
China-founded Shein is rumored to eyeing an IPO on the London Stock Exchange, a surprising choice for the fast-fashion behemoth
Singapore investing $1 million to research how built environment impacts mental well-being
Singapore is pumping $1 million into research into how the built environment can have an impact on mental well-being. The findings may shape future plans to make urban spaces healthier and more ...
Google’s Singapore Investments Jump Over Fivefold To $5 Billion With Data Center Expansion
Google has completed the expansion of its data center in Singapore, adding to signs the race to build cloud infrastructure in Southeast Asia is heating up.
Bank of Singapore establishes chief portfolio strategist
A new chief portfolio strategist position has been created by Bank of Singapore to oversee the asset allocation plan.
Shein Plans to File for a London IPO as Soon as This Week
Online fashion retailer Shein is set to file for an initial public offering in London as soon as this week that could value the company at about £50 billion ($64 billion), according to a person ...
Raising Capital for Your Corporate Business: Options and Considerations with Corporate Services Singapore
Business - In the dynamic landscape of corporate business, securing adequate capital is paramount for growth, innovation, and sustainability. Whether you're a ...
Guzman y Gomez (GYG) is set for an ASX IPO. Here’s what we already know
If GYG is successful with its ASX IPO, the offer price will value the company at approximately ... with 185 restaurants in Australia, 16 in Singapore, five in Japan and four in the US. GYG expects to ...
Suave soldiers steal the show at Shangri-La Dialogue in Singapore with creative spin on ‘man in finance’ TikTok trend
Video featuring stylish military personnel from around the world attending military summit earns 1.2 million views in one day Online users engaging in lively debate over which country's personnel are ...