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Shein's Big IPO - and a Smaller Valuation

Shein’s long-awaited stock market debut gets off to a rocky start, with its shares falling sharply. And China tells its carmakers to clean up how they compete overseas.

Shein finally makes its stock market debut in Hong Kong, after failed attempts to list in New York and London. And the company is now valued at around a quarter of its 2022 peak. We look at whether it really is third time lucky for the fast-fashion giant.

China tightens the rules for its carmakers, warning against aggressive price cuts as brands such as BYD look overseas for growth. We hear from former Nissan and Aston Martin executive Andy Palmer.

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