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Fast-fashion company could launch its Hong Kong listing as soon as August after regulatory approval.

(Bloomberg) -- Shein Global Holdings Ltd. is seeking to list in Hong Kong as soon as in August after securing approval from China’s securities regulator, according to people familiar with the matter.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes as

(Bloomberg) -- Shein Group Ltd. is moving ahead with preparatory work for a possible Hong Kong initial public offering, people familiar with the matter said, potentially capping a yearslong effort by the fast-fashion giant to go public.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsZuckerberg Pledges ‘Aggressive’ Pricing With Meta’s First Pay-to-Use AITrump Vents Anger With Iran and Warn

Shares of Alibaba (NYSE:BABA) are up 9% to $106 and change in early Wednesday trading, leading a broad rally in Chinese internet and e-commerce names. Alibaba stock closed at $98.14 on Tuesday, and even after this morning’s pop the shares remain down 28% year to date. The move extends well beyond Alibaba. Baidu (NASDAQ:BIDU) shares ... Alibaba Surges 9% Ahead of Earnings, Baidu Gains 5% as Chinese E-Commerce and Tech Stocks Rally

PDD Holdings Inc (PDD) reports an 11% revenue increase, driven by transaction services, while facing net income and profit margin declines.

The Dow Jones Industrial Average was up, while the S&P 500 and Nasdaq Composite were about flat in l

PDD (NASDAQ:PDD) Holdings reported first-quarter 2026 revenue of RMB 106.2 billion, up 11% from a year earlier, as management emphasized a multiyear push to deepen supply chain investments and expand a new first-party brand business. On the company’s earnings call, Co-Chairman and Co-Chief Executiv

PDD stock slumped early Wednesday after the Chinese e-commerce giant and Temu parent company reported a Q1 revenue miss.

PDD stock was falling 5% ahead of the open Wednesday after the Temu parent missed earnings and revenue estimates in the first quarter.

1stdibs (DIBS) delivered earnings and revenue surprises of -50.00% and -1.51%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

Commerce.com (CMRC) delivered earnings and revenue surprises of +21.84% and +4.55%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

Maplebear (CART) delivered earnings and revenue surprises of -0.97% and +1.50%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

(Bloomberg) -- Chinese regulators fined leading food delivery platforms including Alibaba Group Holding Ltd., PDD Holdings Inc. and Meituan for failing to filter out unqualified merchants.Most Read from BloombergHormuz Chaos, Lebanon Clashes Dent Trump Peace Deal HopesNvidia Makes Quantum Computing CEO a Billionaire in DaysUS Seizes First Iran-Flagged Ship in Blockade, Imperiling TalksTrump Says Iran Will Suspend Nuclear Program as Hormuz OpensCongo to Top Ethiopia to Become Sub-Saharan Africa’s