Shein aims to launch its Hong Kong initial public offering (IPO) Monday and is targeting a listing on Sept. 1, slightly later than previously planned, a report said Thursday.
While Sept. 1 is the target date, the listing could happen a few days later, Reuters said, citing a source.
The online fast-fashion retailer was earlier reported to have been aiming to list on Aug. 28.
The delay, first reported by the South China Morning Post, comes as slower growth and rising costs have dampened investor appetite for Shein.
The retailer was seen just a few years ago as a disruptive challenger to established retailers such as H&M and Zara, thanks to its rapid supply chain and ultra-low prices.
