Singapore-based company, which was founded in China, aims to raise as much as US$2.8 billion and began gauging investor demand last week.

Bloomberg Intelligence values Shein at $22B to $25B ahead of its Hong Kong IPO, a sharp drop from its $98.2B peak valuation during a 2022 funding

Bloomberg Intelligence estimates Shein's valuation at US$22 billion to US$25 billion ahead of its highly anticipated IPO, with insights into its fast-fashion market position. Read…