Online fast-fashion platform Shein believes it deserves a premium valuation comparable to that of industry peers like H&M, citing its business model and global customer base as major competitive advantages, according to internal documents seen by the South China Morning Post.
Shein cited analysts who said the market should view the company as a global fashion giant similar to Zara’s parent company Inditex and H&M, rather than as a regional Chinese brand.
The documents, provided to potential investors, showed that an unnamed investment bank in
A former wealthy Chinese student in the US transformed her life into that of a private chef after her family faced bankruptcy, establishing a business that now earns her up to US$118,600 annually.
The 31-year-old woman, known by the pseudonym Chengzi, attended the New York Film Academy before completing a master’s degree in Britain.
She once lived in downtown Manhattan, aspiring to break into
Malaysian Formula One (F1) fans hoping to catch the sport’s one-off return to Sepang International Circuit (SIC) after almost a decade are facing a frustrating race of their own, with many complaining of confusing ticketing arrangements and broken links.
Tickets for the Formula One Gulf Air Bahrain Grand Prix, to be held at Malaysia’s Sepang International Circuit from October 2 to 4, went on sale on Thursday, triggering a scramble among local fans eager to attend the country’s first F1 race
China’s largest foundry says shortages are spreading to mature-node chips, with some AI-driven demand visible through the end of 2027
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Semiconductor Manufacturing International Corporation (SMIC) is actively looking at adding equipment in its factories after demand for mature-node chips used alongside AI processors surged beyond expectations, according to company management.
Hong Kong’s once-iconic neon signs and outdoor hawker stalls were brought back to life as hundreds flocked to Central for a glimpse of British actor Henry Cavill, who was in the city filming a new movie.
Cavill, known for his roles as Superman and Geralt in the television series The Witcher , was filming in the city on Thursday night. It followed an earlier announcement that he would star in the fantasy-action Highlander series, directed by Chad Stahelski, of John Wick fame.
Peel Street – a trendy
Hong Kong is set to welcome its first Shanghai free-trade zone offshore bond, using the landmark listing to defend its status as the world’s pre-eminent offshore yuan hub, amid mounting competition from its mainland rival.
Hong Kong Exchanges and Clearing announced on Thursday that Shanghai Electric Global Capital – a financing arm of power and industrial equipment manufacturer Shanghai Electric – would list a 1.5 billion yuan (US$222
Hong Kong tour groups returning from Japan’s capital are seeking alternative routes to Narita Airport after a record rainstorm on Thursday disrupted transport and left thousands of travellers stranded, including Hongkongers who spent the night on trains and at the airport.
Cathay Pacific, the city’s flag carrier, said on Friday it would waive rebooking and rerouting fees to give affected customers greater flexibility.
Steve Huen Kwok-chuen, executive director of EGL Tours, said one tour group had already departed for Narita Airport in Chiba prefecture, while another
The top US priority now in the Iran war is no longer its nuclear programme but to bring petrol prices down for American consumers, the vice-president said on Thursday, with the treasury secretary adding that new economic punishment to wear down Tehran is imminent.
The comments by Vice-President J.D. Vance and Treasury Secretary Scott Bessent illustrate the powerful leverage Tehran has gained by shutting down the Strait of Hormuz.
Preventing Iran from obtaining a nuclear weapon – consistently touted by US President Donald Trump as his main reason for
From a knife attack at a Hong Kong housing estate to a South Korean star’s apology, here are the top stories from SCMP’s recent reporting
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