budgetplatform SHEIN wil rond 28 augustus naar de beurs in Hongkong, meldt persbureau Bloomberg op basis van ingewijden. Het oorspronkelijk Chinese bedrijf verwacht dat de beursgang 2 miljard tot 3 miljard dollar oplevert.

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.

Shein is reportedly targeting a valuation between US$30 billion and US$40 billion in the IPO. Read more at straitstimes.com. Read more at straitstimes.com.