Buyers got one useful piece of evidence this week, and it came from a credit-card panel rather than the filing. Shein restored its advertising budget in the second quarter and the spending came back, according to M Science analyst Vinci Zhang. The Wall Street Journal reads that sequence as a sign Shein can keep winning customers at higher prices as long as it keeps paying for them. Cornerstone investors committed about $383 million, led by existing backers Boyu Capital, Tiger Global and General Atlantic, with Tencent, Greenwoods, Taikang Life and UBS Asset Management joining. The company told the exchange most of the proceeds go to technology, brand awareness and global presence.