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Shein will struggle to justify $40-50 billion Hong Kong IPO valuation - The Economic Times
Revenue rose 8% to $41.8 billion in 2025, but net income fell 39% to $2.06 billion. In the first quarter of this year, the fast fashion retailer swung to a $99 million loss, the filing showed. While the quarterly loss partly reflected a $328 million fair-value charge on convertible redeemable preferred shares following an accounting change, slowing revenue growth and weaker core earnings underscore the company's mounting challenges.
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cnbc.com
Shein reveals key financials ahead of Hong Kong IPO
The retailer won approval from China for its Hong Kong listing on July 10, clearing the way for a listing after failed attempts in New York and London.
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economictimes.indiatimes.com
Shein reveals key financials ahead of Hong Kong IPO - The Economic Times
The retailer won approval from the China Securities Regulatory Commission for its Hong Kong listing on July 10, clearing the way for a listing after failed attempts in New…
