Sunday, August 23

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Companies Shein is asking Hong Kong for $1.8 billion at a $26.8 billion valuation Companies SK Hynix raised $26.5 billion in July and is spending $29 billion buying its own shares back Markets Europe registered one electric car in four in July, and Italy nearly halved Markets Michael Burry sold his Alibaba stake over the share sale and moved to JD.com Tech Dutch regulators fined Uber 825 million euros for letting software cut drivers off Personal Finance Home insurers earn $8.8 million a day for every day a claim is late Companies UniCredit reached 48 percent of Commerzbank, and almost nobody sold to them Crypto A Cleveland Fed paper says what people expect from crypto predicts ownership better than what they earn Companies Shein is asking Hong Kong for $1.8 billion at a $26.8 billion valuation Companies SK Hynix raised $26.5 billion in July and is spending $29 billion buying its own shares back Markets Europe registered one electric car in four in July, and Italy nearly halved Markets Michael Burry sold his Alibaba stake over the share sale and moved to JD.com Tech Dutch regulators fined Uber 825 million euros for letting software cut drivers off Personal Finance Home insurers earn $8.8 million a day for every day a claim is late Companies UniCredit reached 48 percent of Commerzbank, and almost nobody sold to them Crypto A Cleveland Fed paper says what people expect from crypto predicts ownership better than what they earn

Topic: de minimis

Rows of garments hanging on clothes racks at a fashion event

Sunday, 8/23, 06:37 PM

Shein is asking Hong Kong for $1.8 billion at a $26.8 billion valuation

The retailer will sell 280 million shares at HK$47.60 to HK$49.50, price on 31 August and list on 1 September.
It swung to a $99 million quarterly loss after Washington removed the duty exemption on small parcels.

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