Monday, August 31, 2026

AI and robotics drive an IPO boom in China as Shein lists in Hong Kong

In the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a blockbuster initial public offering raising $1.7 billion, in one of the city's biggest new share sales this year.

from Tech-Economic Times https://ift.tt/0REJIHL

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South Korea's Lee vows to make bold AI investment in record budget push

His administration proposed in September increasing government spending by a record 12.8% next year to 820.9 trillion won ($615.62 billion) ...