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Shein Targets $27B (£20B) Valuation in Long-Awaited Hong Kong IPO, Raising to $1.8B
Shein launched its Hong Kong IPO on Monday, August 24, 2026, targeting a valuation of up to 27billion.Thefast-fashionretaileraimstoraiseasmuchasHK13.86 billion, or 1.77billion.ShareswillpricebetweenHK47.60 and HK$49.50 apiece. IPO Structure and Timeline Shein is selling 280 million Class B shares in the offering. The company will confirm its final IPO price on August 31, 2026. Trading on the Hong…
TVS Supply Chain Solutions Rallies 9% to ₹131 on Strategic MoU and Equity Stake by Japan’s Sankyu
TVS Supply Chain Solutions witnessed strong buying momentum on August 24, 2026. Shares surged nearly 9% to trade around ₹131. Investors reacted positively to the strategic Memorandum of Understanding signed with Japan-based Sankyu Inc. Under this alliance, Sankyu plans to acquire a 0.5% equity stake in TVS Supply Chain Solutions. The deal combines global engineering…
Cardano Jumps 13.8% to $0.2266 as RSI Hits Overbought 69.5
ADAUSD surged 13.8% to $0.2266 in 24 hours with RSI at 69.5 and volume 63% above average, signaling strong short-term momentum.
Moderna and Merck’s Melanoma Vaccine Jumps Stocks on Phase 3 Win
Moderna and Merck’s personalized mRNA cancer vaccine succeeded in Phase 3 melanoma trials, reducing disease recurrence. MRNA jumped 8.9% and MRK rose 2.4% on the announcement.
Manchester Airport Security Breach Diverts 7 Flights, TUI Emergency Landing August 23
Seven flights diverted from Manchester Airport after a security breach on August 21. TUI Airways Boeing 737 MAX 8 declared emergency due to low fuel while held in holding pattern. Airport reopened after 15 minutes.
NRL Investigates Dragons Player Nita Maynard-Perrin Over Phone Use on Bench
NRL investigates Dragons NRLW player Nita Maynard-Perrin after footage shows her using phone on bench during Saturday match. No improper conduct alleged.
Chainlink USD Jumps 8.7% to $11.62 as RSI Hits Extreme Overbought 87.6
LINKUSD surged 8.7% to $11.62 in 24 hours with RSI at 87.6 and volume 3.3x average, signaling an overheated rally.
Walmart Rolls Out Tap-to-Pay Starting August 24, 2026
Walmart begins accepting Apple Pay, Google Pay, and Samsung Pay at select locations August 24, 2026, expanding to all stores by year-end after years of promoting only its proprietary Walmart Pay system.
Litecoin Jumps 11.5% to $53.35 as RSI Hits Overbought 74.72
LTCUSD surged 11.5% to $53.35 on August 22, 2026, with RSI at 74.72 and volume 2.2x average, signaling overbought conditions.