By Michael Adeleke Key highlights: Shein shares sank after its first earnings report since going public Its market value fell to about $17 billion, down from $26 billion at its September 1 IPO Shares have dropped 27.3% since their Hong Kong debut at HK$48.56 Fast-fashion retailer Shein dropped 14% on Tuesday after the company posted […]
Tag: HK
By Emir Abyazov Key highlights: Bitget pledges HK$12M (about US$1.54M) to support families after Hong Kong’s deadliest fire in decades Aid is distributed through three major charities for medical, housing, and long-term care Hundreds displaced and over 100 lives lost as investigations ramp up Bitget crypto exchange has pledged HK$12 million (US$1.54 million) to help families […]