Pei Li

Shein, founded in China but now headquartered in Singapore, doesn't think the SEC will approve its IPO, people with knowledge of the matter said.

Shanghai Zhida Technology Development Co., a maker of electric-vehicle charging systems, is considering an initial public offering in Hong Kong that could raise about HK$1 billion ($128 million), according to a person with knowledge of the matter.

Samsonite International SA is considering options after receiving takeover interest from suitors including buyout firms, people familiar with the matter said.

(Bloomberg) -- Samsonite International SA is considering options after receiving takeover interest from suitors including buyout firms, people familiar with the matter said.Most Read from BloombergA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniNigeria Delivers Jumbo Rate Hike to Aid Its Battered NairaStock Rally Stalls at Start of Data-Packed Week: Markets WrapThe Hong Kong-listed luggage maker is working with adviser

US investors are facing the growing risk of losing out on Shein’s potentially huge initial public offering, as the fast-fashion giant with Chinese roots considers holding it in London instead. Dealmakers in New York once reaped huge fees from Chinese companies going public; now they wonder whether the regulatory clouds that set in after Didi Global Inc.’s 2021 US IPO turned into a debacle will ever lift. With the first $1-billion-plus IPO in New York by a Chinese-owned company post-Didi safely i

(Bloomberg) -- DreamSmart Group, the smartphone maker that last year pivoted toward developing artificial intelligence for mobile devices, has selected banks to prepare for its Hong Kong initial public offering that may value it at more than 15 billion yuan ($2.1 billion).Most Read from BloombergStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapEx-Wall Street Banker Takes On AOC in New York Democratic PrimaryChina Has Never Canceled This Many Shipments of US WheatUnited Tells Boeing

Alibaba Group Holding Ltd. is calling off an initial public offering for its Cainiao logistics arm, shelving a much-anticipated debut that could have raised more than $1 billion.

(Bloomberg) -- Alibaba Group Holding Ltd. is calling off an initial public offering for its Cainiao logistics arm, shelving a much-anticipated debut that could have raised more than $1 billion.

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Hi, it’s Pei Li in Hong Kong, where a Chinese bubble tea maker just made its much-anticipated trading debut—and it wasn’t sweet. Also today, Boeing’s Spirit AeroSystems bid hits a snag and drone racing is the latest sports play.