Shein’s IPO risk factors farce

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese fast-fashion giant Shein has reportedly filed confidentially for an IPO in Hong Kong. That’s not surprising — it’s been working on a listing for nearly three years. What’s notable is the apparent strategy. According … Read more

The debt limit is still a thing

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters … Read more

China’s tech groups turn to stablecoins for growth

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In mainland China, cryptocurrencies remain banned. But stablecoins, or digital tokens pegged to traditional currencies, are starting to draw interest from local policymakers. As Hong Kong prepares to implement its stablecoin licensing rules on August … Read more

A new twist on an old bet with Buffett

Ted Seides is the founder of Capital Allocators and former president of Protégé Partners. On a slow summer day 18 years ago, I began communicating with Warren Buffett about a bet that pitted the performance of hedge funds against the S&P 500. The suggestion turned into a charitable 10-year wager from January 1, 2008 to … Read more

The double-edged sword of a strong euro

Stay informed with free updates Simply sign up to the Currencies myFT Digest — delivered directly to your inbox. Europe is getting a little taster of a high-class problem: the downsides that come with operating a world-beating reserve currency. For now, the continent is not quite in this luxury spot. The euro accounts for a … Read more

Ditch snobbery about secondary listings to revive London, says CBI chair

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The London market’s best chances of revival could lie in attracting more secondary company listings, according to a report by Britain’s biggest business lobby group. A report published by the CBI on Wednesday suggests that … Read more