Shein aims for almost $27bn valuation in stock market debut

We have new details on that Shein public offering we covered earlier. The company has now disclosed its target valuation for the Hong Kong debut.

The fast-fashion retailer is aiming for a valuation of twenty-seven billion dollars when shares begin trading September first.

That is down from the company's original target of forty billion. Market analysts say investor appetite for fashion stocks has cooled since Shein first filed with regulators.

This is still one of Hong Kong's largest public offerings this year.

It is. Trading begins next Monday morning, Hong Kong time.

From Pakistan, a group of former cricket captains are calling for proper medical care for the jailed former prime minister Imran Khan.

Khan was prime minister until he was removed in a no-confidence vote in twenty twenty-two. He has been in custody since August of twenty twenty-three.

Before his political career, Khan captained Pakistan's national cricket team. A court ordered a full medical assessment earlier this month. The former captains say that assessment has not been carried out.

They are asking the government for what they call basic decency and compliance with the court order.

The Pakistani government has not responded publicly to the request.

The BBC has gained access to senior Taliban officials in Afghanistan. Reporters spent time with the group as it reshapes the country five years after returning to power.

The reporting examines three areas: changes to divorce law, new smartphone regulations, and the government's expanding control over daily life.

That is rare access. The Taliban typically does not allow Western journalists to operate freely inside the country.

It is. The full report is available now on the BBC website.

From the United Kingdom, photographs of two police officers killed in a Saturday morning crash lead several front pages this morning.

The Times, the Telegraph and the Daily Mail all carry the story on page one. The Times describes the loss as pain beyond words.

The Guardian leads with a different story. They report that university graduates are facing the worst job market in years.

The Financial Times also covers the employment figures, citing a sharp drop in graduate hiring across several sectors.

Back in February of this year, President Trump ordered the release of government files on aliens and UFOs. He shared the news on social media after accusing his predecessor of revealing classified information.

The former president had implied aliens were real during a podcast interview. President Trump responded by ordering the declassification.

In New York, a carjacking and crash led NYPD officers to six hundred pounds of marijuana. Police said the suspect crashed a stolen vehicle during pursuit.

The trunk was full of packaged cannabis. That is approximately the weight of a grand piano.

Police in Missouri discovered fentanyl hidden inside Barbie dolls sold at a discount store. Prosecutors allege the dolls were repackaged and placed back on shelves.

Authorities said they have taken several individuals into custody. The store has cooperated with the investigation.

In Massachusetts, a man driving a front-end loader led police on what they are calling a slow-speed pursuit through three townships.

Police said the suspect was traveling at approximately twelve miles per hour. Officers followed on foot for part of the pursuit.

In California, a burglary suspect trapped inside a wall was rescued after police officers on a coffee break heard his cries for help.

Police said the suspect allegedly entered a business through the roof, fell between two walls, and became stuck. Officers heard him shouting and called the fire department.

At number three: Woman Kicks Seal Off Her Boat. Posted by guipascale on August sixteenth. Two million seven hundred and six thousand new views in the last three days.

Up one spot since the last count.

Number two: Fisherman Found This Heron Fighting For Its Life. Posted by Sassy on August twenty-first. Four million one hundred and eighty-seven thousand new views in the last three days.

Unchanged since the last count.

And number one on the KRAK 11 animal countdown: When Kindness Goes Both Ways. Posted by Windypaws on August twentieth.

Six million five hundred and twenty-two thousand new views in the last three days.

It has led our count for twenty-two hours.

Ohio State opens the Yahoo Sports Preseason College Football Top 25 at number four. The Buckeyes are looking to beat Michigan and win the playoff this year.

Honda has admitted it only realized the full scale of its Formula One problems back in January. The team is facing a long road to competitiveness.

And Pete Crow-Armstrong has done it again. The Cubs walked off against the White Sox, and Pete extended his walk-off RBI streak to fifty-three consecutive games.