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The fast-fashion retailer had been aiming for an August 28 listing, but slower growth and rising costs have dampened investor appetite
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Shein is targeting a September 1 listing date for its Hong Kong initial public offering, according to Reuters, citing unnamed sources familiar with the matter. That date is slightly later than the August 28 target Reuters reported last week. One source said the listing could slip by a few more days beyond September 1.
The postponement reflects weakening demand from investors, who have grown cautious amid the company's slowing growth and mounting costs. Shein aims to launch the IPO on Monday, one source said.
