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Trump Mulls More Chip Tariffs, Traders Watch for Yen Intervention | The Asia TradeEconomy

Bloomberg TV’s Asia Trade examines the major stories facing Asian markets at the start of the trading day, including a sharp yen move as traders watch for possible intervention, President Trump’s consideration of additional chip tariffs and Broadcom’s CEO forecasting soaring AI-chip revenue.

BBloomberg Television
Trump reiterates that Xi Jinping is very welcome to visitPolitics

President Donald Trump said on September 2 that Chinese President Xi Jinping will visit the United States on the 24th. Trump said they would have many important issues to discuss during the visit and described it as exciting and great.

VVOA Chinese
Bessent on China’s G20 Dissent, Japan and Canada SpatEconomy

Treasury Secretary Scott Bessent said China blocked the Group of 20 from issuing a joint communique amid a dispute over its huge trade surplus. He also addressed US trade and financial ties with Japan and Canada.

BBloomberg Television
Šefčovič: China must deliver by October or face ‘harsher measures’Economy

EU trade chief Maroš Šefčovič tells Euronews that China must produce concrete results by October or face “harsher measures”. He describes talks to rebalance the surging trade deficit as “super political”, while European leaders seek clear pledges from Beijing.

Eeuronews
Šefčovič: China must deliver by October or face ‘harsher measures’Economy

EU trade chief Maroš Šefčovič told Euronews that China must produce concrete results by October or face “harsher measures”. He described talks aimed at rebalancing the growing trade deficit as “super political”, while European leaders seek clear commitments from Beijing.

Eeuronews
US-China Tensions Simmer at G20 MeetingPolitics

Bloomberg’s “The China Show” examines simmering US-China tensions at the G20 meeting, alongside renewed inflation concerns linked to the US-Iran conflict and Bessent’s remarks targeting Iran’s reliance on the yuan.

BBloomberg Television
Bessent Says China Blocked Unanimous G20 CommuniqueEconomy

Treasury Secretary Scott Bessent said China prevented the Group of 20 from issuing a joint communique after finance ministers and central bank chiefs met this week, citing a dispute over China’s huge trade surplus.

BBloomberg Television
Fast fashion backlash? France hits Shein and Temu with feesEconomy

France has begun imposing fees on the most extreme end of fast fashion in an effort to curb the surge in cheap clothing sales through e-commerce platforms including Shein and Temu. The move could have implications for fast-fashion giants.

RReuters
Fast fashion backlash? France hits Shein and Temu with feesEconomy

France has begun imposing fees on the most extreme end of fast fashion in an effort to curb a surge in cheap clothing sales through e-commerce sites such as Shein and Temu. The move could have implications for fast-fashion giants.

RReuters
Shein Set for Long-Awaited Hong Kong IPO DebutEconomy

Ultra-fast fashion retailer Shein is preparing for its long-awaited Hong Kong listing, after its valuation fell from a peak of $100 billion to a much lower targeted debut level. Regulatory efforts to close tax loopholes and pressure margins are forcing the company to overhaul its business model.

BBloomberg Television
Shein shares end flat in Hong Kong debutEconomy

Hong Kong is gaining appeal as a global listing venue and has become one of the busiest markets for new share sales this year amid improving investor sentiment and strong demand. Shein’s shares finished flat on their debut, as concerns grew that setbacks could erode its competitive edge. The Singapore-headquartered company raised about US$1.7 billion at a valuation of roughly US$26 billion, one-quarter of its 2022 peak.

CCNA
Why did Shein shares tumble in their Hong Kong debut? | Morning BidEconomy

Shein shares plunged after the company’s Hong Kong IPO valued it at only a fraction of its former worth. Meanwhile, a deepening global bond-market rout has investors worried about rate hikes and deteriorating fiscal conditions, while rising yields and Russia’s presence add tension to a gathering of G20 finance chiefs.

RReuters
Shein's lackluster Hong Kong IPO debutEconomy

Shares of online fast-fashion retailer Shein finished flat on their Hong Kong debut as investors weighed the potential impact of setbacks that had repeatedly delayed its listing. Reuters Chief Asia M&A Correspondent Kane Wu attended the IPO ceremony.

RReuters
Shein Slumps in Long-Awaited Hong Kong DebutEconomy

Shein’s shares fell sharply on their long-awaited Hong Kong debut. The program also examines fierce competition in China’s AI sector and the damage it has done to Z.AI’s first-half revenue.

BBloomberg Television
Shein finally goes public in Hong Kong — but has it missed its IPO window?Economy

Once valued at nearly US$100 billion, fast-fashion giant Shein has gone public in Hong Kong at about US$26.3 billion after unsuccessful listing efforts in the US and UK. As investors shift their focus to AI, questions are growing over the pressures on Shein’s business model and whether it missed its IPO window.

CCNA
LIVE: Shein makes Hong Kong stock market debutEconomy

China-founded fast-fashion e-commerce giant Shein is making its debut on Hong Kong’s stock market. The Singapore-based retailer is raising $1.7 billion in one of Hong Kong’s largest initial public offerings of the year.

TThe Associated Press
Shein’s ultra-fast fashion model faces mounting pressure in EuropeEconomy2:53

As Shein prepares for its long-awaited Hong Kong listing, the business model behind its rise is facing increasing scrutiny. Europe has become a major regulatory battleground, with tougher rules, fines and investigations. France will impose financial penalties on ultra-fast fashion products from Sep 1, while Italy’s competition authority fined Shein US$1.2 million last year over what it called misleading environmental messages and claims.

CCNA
Shein’s Valuation Drops From $100 Billion to $26 BillionEconomy

Shein is moving toward a Hong Kong listing valued at about $26.5 billion, around one-quarter of its 2022 peak. Earlier attempts to list in New York and London faced regulatory hurdles. The fast-fashion company is presenting plans to expand beyond its main brand through acquisitions or partnerships with other labels.

BBloomberg Television
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