Member Info for JeremyP

Https://www.politico.eu/article/china-shein-european-regulation-dumping-forced-labor-pollution-donald-tang-geopolitics/

Https://www.reuters.com/breakingviews/shein-would-lose-all-its-shine-hong-kong-ipo-2024-07-02/

Games games games being played…

Some countries impose import duties of up to 30%, he said, and having to pay that would force Shein to either completely change its business model, put up prices or take a hit on profit.

“The whole model is based on not paying duty,” he said. “It would have a massive impact.”

John Stevenson, an analyst at Peel Hunt, said that the impact of a change in the rules on Shein “would be huge depending on the territory”.

Https://amp.theguardian.com/business/article/2024/jul/03/eu-plan-to-impose-import-duty-on-cheap-goods-could-dent-shein-and-temu

Clossus this has been mms and hfs play thing for over 3 years now playing it like a fiddle!

Yes BFD….145k traded in the last 3 hours….890k in the first hours…

….

EU takes aim at China’s Temu and Shein with proposed import duty

European Commission plans to scrap €150 threshold below which goods are exempt from customs duties

Wow great initiative

“Shein targeting Turkey supplier’s”.

Boo BOD in turkey…..

Agreed Blackfox I said a month ago this is now a stalemate. Something has to give either Eleva starts buying back or some positive news to provide a catalyst

7k traded so far………this is the pits!

Pizzas and margaritas today at Boohoo HQ…

Looks like the lowest ever volume traded today.

They don’t mention the team mental health days or the pizza and drinks day for the England match last week

They won’t be working there for much longer!

Https://www.amnesty.org/en/latest/news/2024/06/global-sheins-flotation-on-the-london-stock-exchange-would-set-a-worrying-human-rights-precedent/

Blimey absolute pelters!