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Nigeria approves $1.6bn Dangote Refinery IPO at $47bn valuation
bne IntelliNews·NG·3 days ago
Shein's market value fell to ~$21B from ~$26B, marking one of the worst post-IPO weeks in Hong Kong. The decline reflects investor skepticism over the fast-fashion retailer's growth prospects and regulatory risks. This signals weak demand for new listings in Hong Kong and may weigh on sentiment for upcoming tech IPOs.