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Xiaohongshu has hired investment banks including Goldman Sachs and China International Capital Co to advise on a potential Hong Kong IPO, though target proceeds and IPO valuation are unclear. Two people said private secondary trades at the end of las

2026-06-16

Xiaohongshu has hired investment banks including Goldman Sachs and China International Capital Co to advise on a potential Hong Kong IPO, though target proceeds and IPO valuation are unclear. Two people said private secondary trades at the end of last year Xiaohongshu was valued at about $50 billion. Bloomberg reported the company is preparing to confidentially file a Hong Kong listing application by end-June. Monthly active users have exceeded 400 million since 2025, and sources said 2026 profit could reach roughly $3 billion.

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2026-06-16

Reserve Bank of Australia: Domestic economic activity and inf outlook remain subject to significant uncertainty.

Reserve Bank of Australia: Domestic economic activity and inf outlook remain subject to significant uncertainty.
2026-06-16

U.S. President Trump said the agreement with Iran "unequivocally" bars Iran from possessing nuclear weapons.

U.S. President Trump said the agreement with Iran "unequivocally" bars Iran from possessing nuclear weapons.
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