Fast-fashion giant Shein aims for $27bn valuation in Hong Kong market debut

Shein will debut on the Hong Kong stock exchange on 1 September, the fast-fashion retailer said on Monday, in a long-awaited listing that would value the group at close to $27bn. Founded in China and now headquartered in Singapore, the online retailer secured Beijing’s approval last month to make its initial public offering in Hong Kong. Its valuation has dropped by about 70% from a near $100bn private market peak four years ago, as it aims to raise up to HK$13.86bn ($1.77bn) ⁠in its Hong Kong IPO launched ⁠on Monday.…

China team brings X-ray vision to life with a compact high-speed ghost video cam

Chinese scientists have developed a new tabletop X-ray ghost imaging method that allows them to capture real-time “see-through” video of fast-moving objects. The team’s system could be used to capture dynamic objects such as rotating aircraft engines or biological movements like a beating heart. Importantly, this could all be accomplished with a lower radiation dose and simpler set-up than traditional X-ray methods. “In contrast to other available X-ray imaging techniques for moving objects, our method can be implemented with a conventional tabletop X-ray source,” the team said in a paper…