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Shein Targets $27B (£20B) Valuation in Long-Awaited Hong Kong IPO, Raising to $1.8B
Shein launched its Hong Kong IPO on Monday, August 24, 2026, targeting a valuation of up to 27billion.Thefast-fashionretaileraimstoraiseasmuchasHK13.86 billion, or 1.77billion.ShareswillpricebetweenHK47.60 and HK$49.50 apiece. IPO Structure and Timeline Shein is selling 280 million Class B shares in the offering. The company will confirm its final IPO price on August 31, 2026. Trading on the Hong…
MCX, NBCC India, Paras Defence, P&G Health Set for Ex-Dividend Trading This Week
MCX leads this week’s latest ex-dividend stocks, joined by NBCC India, Paras Defence, and P&G Health. Multi Commodity Exchange of India has fixed August 28, 2026, as the record date for a ₹8 final dividend. NBCC India, Paras Defence, and Procter & Gamble Health have record dates scheduled for August 27–28. Investors must hold shares…
Take-Two Subpoenas Microsoft, Discord Over GTA 6 Leaks; TTWO Slides 0.2%
Take-Two subpoenas Microsoft and Discord to identify GTA 6 leakers. Nine gameplay videos released by CyberLeek group; game launches November 19. TTWO stock down 0.2%.
Dallas Rapper BigXthaPlug Arrested on DWI and Gun Charges, August 23
Dallas rapper BigXthaPlug arrested August 21 on DWI, marijuana, and firearm charges in Collin County. He performed at Iowa State Fair despite arrest.
AFL Employee Quits Over Microsoft Copilot Rollout on August 23
AFL participation manager Gabrielle Boyle quit her job after being denied the right to opt out of Microsoft Copilot. Her case raises questions about employee choice and AI in Australian workplaces.
Gifford’s Dairy Recalls 3,585 Ice Cream Containers for Rubber Contamination
Gifford’s Dairy recalls 3,585 containers of Power Play Fudge ice cream in 3 states due to rubber contamination from production equipment. Check lot code 26184 and UPC 8 60864 00030 7.
Take-Two Subpoenas Microsoft, Discord Over GTA 6 Leaks on August 22
Take-Two Interactive subpoenas Microsoft and Discord to identify GTA 6 leakers. The company seeks account data and IP addresses to track down the CyberLeek group behind gameplay footage posted online.
TGS Wins Brunei Data Brokerage Rights, Expands Asia Pacific Footprint
TGS awarded data brokerage rights for offshore Brunei block by Petroleum Authority. Covers 3D seismic data, well information to support E&P exploration decisions.
Corus Entertainment Cuts More Jobs at Global News and Radio on August 21
Corus Entertainment confirms fresh layoffs at Global B.C., Global National, News 640, and talk radio. Q3 revenue fell 16% and the company posted a $36.5M net loss.