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Global Market | Shein plans Hong Kong stock market debut on August 28: Reports
Shein is reportedly planning a Hong Kong IPO on August 28, reviving its long-awaited public listing plans after exploring New York and London. The Singapore-based fast-fashion retailer may target a $30–40 billion valuation, well below its 2022 peak, amid slower growth, higher costs and financial pressure following US trade-policy changes.
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cryptobriefing.com
Shein pitches IPO to investors at sub-$30B valuation, a far cry from its $100B peak
Shein is pitching its Hong Kong IPO at a valuation below $30 billion, down from nearly $100 billion in 2022, as tariff headwinds and slowing
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scmp.com
Shein set for Hong Kong IPO next week, eyes US$35b valuation: sources
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.
