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BUSINESS TODAY 6 July 2023

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6.7.2023 6 MARKETS Symbol Volume Value Trades High Low Open Closing Change Code Traded Traded Trades Price Price Price Price EQUITIES APS 7,526 4,515.60 1 0.600 0.600 0.600 0.600 0.000 BMIT 135,625 58,318.75 5 0.430 0.430 0.430 0.430 0.000 BOV 73,352 81,346.38 7 1.130 1.090 1.110 1.130 0.040 GO 9,400 27,778.00 4 2.960 2.940 2.960 2.940 0.000 HLI 1,800 410.40 1 0.228 0.228 0.228 0.228 0.000 HSB 109,863 119,750.67 4 1.090 1.090 1.090 1.090 0.000 MIA 19,973 108,882.85 4 5.500 5.450 5.500 5.450 0.000 PG 83,900 161,386.52 7 1.940 1.920 1.920 1.940 0.020 CORPORATE STOCKS G32G 10,000 10,365.00 1 103.650 103.650 103.650 103.650 -0.580 G34A 58,400 60,718.48 1 103.970 103.970 103.970 103.970 -1.030 G40A 216,000 192,302.18 7 99.000 88.280 98.000 88.280 -2.220 G43AA 25,000 24,835.00 1 99.340 99.340 99.340 99.340 -0.910 CORPORATE BONDS AX24A 25,000 25,250.00 1 101.000 101.000 101.000 101.000 0.990 AX29A 4,300 4,203.25 1 97.750 97.750 97.750 97.750 -0.200 BB33A 8,500 8,712.50 1 102.500 102.500 102.500 102.500 0.500 BV30B 27,200 24,147.46 8 89.200 88.500 88.510 89.200 1.190 CE33A 10,100 10,100.00 1 100.000 100.000 100.000 100.000 0.000 DF26A 20,000 20,000.00 1 100.000 100.000 100.000 100.000 0.010 HF28A 5,000 4,675.50 1 93.510 93.510 93.510 93.510 0.010 IB32A 10,000 10,000.00 1 100.000 100.000 100.000 100.000 0.000 IH26A 13,500 13,600.65 3 100.750 100.740 100.740 100.750 0.000 IH31A 4,000 3,720.00 1 93.000 93.000 93.000 93.000 0.000 JD32A 9,100 9,044.35 2 99.850 99.010 99.850 99.010 -0.840 MI23A 9,000 8,998.35 2 100.000 99.970 99.970 100.000 0.800 MP32A 5,000 4,970.00 1 99.400 99.400 99.400 99.400 -0.100 ON34A 16,000 15,360.00 2 96.000 96.000 96.000 96.000 -2.000 SF27A 10,000 10,000.00 1 100.000 100.000 100.000 100.000 0.700 SP29A 3,000 2,970.00 1 99.000 99.000 99.000 99.000 0.000 ST27A 33,000 33,000.00 4 100.000 100.000 100.000 100.000 0.000 VR27A 300 289.50 1 96.500 96.500 96.500 96.500 -2.400 Malta Stock Exchange Regulated Main Market Trading Date: 5 July 2023 China's Shein reportedly sets sights on us IPO amidst market volatility and geopolitical tensions AMIDST market volatility and geopolitical tensions, China's on- line retail giant Shein has set its sights on a potential U.S. Initial Public Offering or IPO, making waves in the fashion and invest- ment worlds. What happened China-founded online retailer Shein is reportedly in discus- sions with at least three invest- ment banks, including Goldman Sachs, Morgan Stanley, and JP- Morgan Chase, about a potential IPO in the U.S. e B2C fast fashion e-com- merce platform is also in talks with the New York Stock Ex- change or NYSE and the Nation- al Association of Securities Deal- ers Automated Quotations or NASDAQ to determine the best listing venue. With a valuation exceeding $60 billion, Shein could become the most valuable China-founded company to go public in the U.S. since Didi Global's debut in 2021. However, the timing of the IPO remains uncertain and sources suggest that Shein may decide not to proceed with the offering in the near future. While Shein eyes its IPO plans, the company is facing scrutiny from U.S. lawmakers over its la- bor practices. A bipartisan group of two dozen U.S. representatives is urging an independent audit to verify that Shein does not utilize forced labor, particularly from the Uyghur minority group. In response, Shein has denied allegations of using forced labor and maintains that it adheres to ethical sourcing standards, the report noted. Although earlier reports sug- gested that Shein had filed its IPO registration confidentially with the U.S. Securities and Ex- change Commission or SEC, it has been now reported that no filing has been submitted to the SEC at this time. Why it's important e founder of Shein, Chris Xu, relocated the company's head- quarters from Nanjing, China to Singapore over a year ago. is strategic move allowed Shein to navigate the challenges posed by China's stringent rules on overseas listings and the ge- opolitical tensions between Bei- jing and Washington, as well as the U.S. scrutiny of Chinese ac- counting practices. Previously, it was also reported that even amidst growing con- cerns and preparations to ban TikTok, four out of the top 10 most-downloaded apps in the U.S. are owned by Chinese com- panies. ese apps include Temu, TikTok, CapCut, and Shein.

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