Shein working towards Hong Kong listing after London IPO stalls

Shein working towards Hong Kong listing after London IPO stalls

[HONG KONG] Shein is working towards a listing in Hong Kong after the online fast-fashion retailer’s proposed initial public offering (IPO) in London failed to secure the green light from Chinese regulators, said three sources with knowledge of the matter. The China-founded company aims to file a draft prospectus with Hong Kong’s stock exchange in…

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UBS’s Iqbal Khan sees rich customer demand for alternative assets

UBS’s Iqbal Khan sees rich customer demand for alternative assets

[HONG KONG] Wealthy customers of UBS Group are looking to buy more alternative assets as they seek to diversify investments during a volatile period for markets and global trade, according to the firm’s Asia-Pacific chief. “We see continued demand” for alternatives, Iqbal Khan, the bank’s regional president, said in an interview with Bloomberg TV in…

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