Shein raised US$1.7 billion in its Hong Kong IPO, valuing the fast-fashion giant at US$26.3 billion amid regulatory challenges and slowing growth. Read more at straitstimes.com. Read more at straitstimes.com.

Shein completed its Hong Kong IPO at a $26.5B valuation, raising $1.7B. The price marks a 70% decline from its 2022 peak amid slowing growth and

The fast-fashion retailer priced its IPO at HK$48.56 a share, raising $1.7 billion at a valuation of about $26.5 billion