Shein delays its Hong Kong IPO to September 1, targeting a $26-27 billion valuation, far below its $98 billion peak, as investor concerns mount.

The fast-fashion firm originally aimed to wrap up its IPO in August, but a delay in investor orders has forced a change of plan, sources say.

Shein delays its Hong Kong IPO to September with a reduced valuation around US$25 billion amid investor order adjustments and market strategy changes. Read more at…

Shein has set its Hong Kong initial public offering for September 1, a slight delay from earlier projections. The company's growth has slowed, and rising costs are impacting…