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Shein's Big IPO - and a smaller valuation
Published 1 month, 1 week ago
Description
Shein finally makes its stock market debut in Hong Kong, after failed attempts to list in New York and London. And the company is now valued at around a quarter of its 2022 peak. We look at whether it really is third time lucky for the fast-fashion giant. China tightens the rules for its carmakers, warning against aggressive price cuts as brands such as BYD look overseas for growth. We hear from former Nissan and Aston Martin executive Andy Palmer. Presenter: Bisi Adebayo Producer: Amber Mehmood