The plan for a US IPO is still officially on the table for Shein as it still prefers New York as its listing venue
"We can't cut ourselves off and we don't now want China to cut us off, so we have to do this in a systematic way,” a US lawmaker said
The debut gave Zeekr a fully diluted valuation of $6.8 billion, or about half the $13 billion it fetched after a funding round last year
US unemployment claims data stoked optimism around interest rate cuts this year ahead of next week's crucial inflation data
The Nikkei jumped by 1.57% on Tuesday, while the Hang Seng dropped 0.5% as investors cashed in on the best performance in six years – a rise over 10 consecutive trading days
The electric vehicle-maker's IPO will be the biggest in the United States by a Chinese company in more than two years
Data from exchanges in Taiwan, India, Indonesia, Vietnam, the Philippines, Thailand, and South Korea show the largest monthly net outflow since November 2023
China's blue-chip index jumped 1.4% on Monday, while the Hang Seng was up 0.55% in Hong Kong, but trading was thin, with a holiday in Japan.
Zeekr said on Friday it is looking to raise up to $367.5 million in its IPO, which will test investors' appetite for Chinese firms at a time of tense bilateral ties
India's market regulator began probing the Adani conglomerate after Hindenburg Research in 2023 alleged improper use of tax havens and stock manipulation by the group
Chinese companies invested in included the Aviation Industry Corp of China, a defence conglomerate that makes aircraft for the PLA
Taiwan chip giant says it's been lifted by huge demand for advanced chips for AI and data centres, forecasts a big lift in second-quarter sales