Category: Float
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Shein’s London float in jeopardy as MPs denounce ‘disrespect’ over forced labour questions
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Shen’s ambitions to list on the London Stock Exchange have come under renewed doubt after the fast-fashion giant came under fire by MPs for repeatedly failing to address concerns about its cotton sourcing and alleged forced labor in Xinjiang. The China-founded retailer, which hopes to secure a UK flotation this…
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Dow, S&P 500, Nasdaq futures float higher as CPI inflation meets expectations
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U.S. stock futures rose on Wednesday as investors digested another month of sticky inflation data that met economists’ expectations and likely signaled a rate cut from the Federal Reserve next week. Dow Jones Industrial Average futures (YM=F) rose about 0.1% while S&P 500 futures (ES=F) rose about 0.3%. Futures on…
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Binance Doubles Down on Low Float, High FDV: Calls for Action
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There has been growing concern about increased traction for tokens with high valuations but low initial circulating supply, sparking discussions about the sustainability of upside potential for traders following a token generation event (TGE). The latest findings from Binance Research have confirmed this trend, depicting a growing number of tokens…