Shein Considers Cost Reset for Late-Stage Investors Ahead of Hong Kong IPO
Shein is reportedly considering a cost reset for its late-stage investors, potentially offering cash payouts and more shares, ahead of its anticipated Hong Kong IPO. This move aims to adjust valuations for its backers.
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Shein weighs cost reset for late-stage investors ahead of Hong Kong IPO, Bloomberg News reports - Reuters
Shein weighs cost reset for late-stage investors ahead of Hong Kong IPO, Bloomberg News reports Reuters
Read full article →Shein Is Said to Weigh Cost Reset for Late Backers Before HK IPO
Shein Global Holdings Ltd. is considering lowering the cost of investment for late backers that came in at an up to $64 billion valuation, people familiar with the matter said, as the fast-fashion retailer prepares for a Hong Kong listing at a much lower value.
By Dong Cao and Pei Li
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