Shein launches IPO at valuation of up to $27bn, far below past figure

Fast fashion giant Shein valued at up to $27B in Hong Kong IPO - VnExpress International

Online fast-fashion retailer Shein's valuation has dropped by around 70% from a near $100 billion private market peak four years ago, as it aims to raise up to HK$13.86 billion ($1.77 billion) in its Hong Kong IPO…