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Shein Launches Hong Kong IPO at Reduced Valuation

Fast-fashion retailer Shein has launched its initial public offering in Hong Kong, seeking to raise up to $1.8 billion at a valuation of up to $27 billion, significantly lower than its peak valuation in 2022.

24 Aug, 08:27 — 24 Aug, 17:54
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Sources

Showing 6 of 11 sources
FTVery High7h ago

How Shein’s IPO lost its shine

Once high-flying fast-fashion retailer is listing in Hong Kong at quarter of peak value after years of false starts

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le-mondeHigh11h ago

Shein, global ultra-fast fashion leader, launches IPO as growth slows

The company is set to go public on the Hong Kong Stock Exchange on September 1. The platform is courting international investors despite a slowdown in its growth, while taking advantage of China's completely controlled media environment.

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morningstar11h ago

5 things to know about the Chinese e-commerce juggernaut Shein ahead of its IPO - Morningstar

5 things to know about the Chinese e-commerce juggernaut Shein ahead of its IPO  Morningstar

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hk-free-pressMostly Factual10h ago

Shein to make market debut in Hong Kong next Tuesday

Shein will debut on the Hong Kong stock exchange on September 1, the fast-fashion retailer said on Monday, in a long-awaited listing that would value the group at close to US$27 billion. The online retailer plans to offer 280 million shares at a price between HK$47.60 and HK$49.50, raising up to HK$13.86 billion (US$1.7 billion), […]

By AFP

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Daily SabahMixed13h ago

Shein heads to Hong Kong IPO at quarter of 2022 peak value

Shein is seeking to raise up to $1.8 billion in a Hong Kong IPO that would value the fast-fashion retailer at about 70% below its private-market peak four years ago, as slower grow...

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azernewsLow4h ago

Chinese-founded fast-fashion retailer Shein seeks to raise $1.8 billion in Hong Kong IPO

Chinese-founded fast-fashion retailer Shein is seeking to raise HK$13.9 billion ($1.8 billion) in its IPO at the Hong Kong Stock Exchange, as the company's shares are expected to commence trading on September 1, according to a filing to the Hong Kong stock exchange on Monday, AzerNEWS reports, citing Global Times.

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