Insiders say Shein is preparing for a possible Hong Kong IPO and may accelerate the process in coming months. The fast-fashion group is considering raising tens of billions of dollars, with final proceeds dependent on its valuation. No firm timetable has been set and a listing could still be delayed. Sources said last year shareholders forced Shein to cut its valuation to about $30 billion from more than three times that level.

Typhoon Bavi entered China’s 24-hour warning zone at 15:00, now under 900 km from the Zhejiang–Fujian border; its outer spiral cloud bands are already affecting offshore waters. Entry into the 24-hour zone indicates the storm is expected to have a significant impact within 24 hours; meteorological authorities will monitor hourly and issue updates. The Central Meteorological Observatory forecasts Bavi will approach the Zhejiang–Fujian coast and make landfall in the predawn hours of the 12th between Wenling (Zhejiang) and Xiapu (Fujian) at strong-typhoon or typhoon intensity, then turn northwest then north and gradually weaken after landfall.

伊朗最高國家安全委員會祕書：攻擊伊朗基礎設施將遭到對等迴應，罪惡的猶太復國主義政權也難逃戰士們的報復。