Shein’s potential IPO in London faces concerns over forced labor allegations in its supply chains, with advocacy groups pushing the FCA to block the listing. Despite this, FCA chief executive Nikhil Rathi seems inclined to approve the IPO, citing the need for transparent disclosure of risks to investors. If approved, Shein’s listing could be the largest in London’s history, signaling a potential boost for the subdued IPO market, with a target valuation of £50.3 billion in the first quarter of 2025.
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Is Nio Stock a buy Now?
Nio (NYSE: NIO) stock has experienced significant volatility since its IPO, peaking at $67 per share in early 2021 before plummeting 94% from that high. Despite this decline, Nio continues to make progress in China's competitive electric vehicle (EV) market, which is expected to grow by 16% annually by 2030. Investors may be questioning whether now is the right time to invest in Nio, prompting a closer look at the company's growth and the competitive...
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