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Shein Successfully Lists on Hong Kong Stock Exchange, Raising $1.74 Billion
Chinese fast-fashion retailer Shein completed its highly anticipated initial public offering on the Hong Kong Stock Exchange, pricing shares at the midpoint of its range to raise $1.74 billion. The debut values the company at approximately $22.6 billion, marking a significant milestone in Asia's growing tech and retail IPO market.
31 Aug, 14:03 — 31 Aug, 15:18
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Sources
Showing 3 of 6 sources
fortune2h ago
China’s AI-fueled IPO boom hits $54 billion this year, with chipmakers and Shein’s $1.7 billion IPO
Hong Kong and Shanghai captured 21% of global new-share proceeds as China’s AI companies abandoned Wall Street for home
By The Associated Press, Chan Ho-Him
Read full article →channel-news-asiaMostly Factual2h ago
Shein prices Hong Kong IPO at midpoint of range, raises $1.74 billion
Read full article →investing-com54m ago
Shein prices Hong Kong IPO below top end of range, raises $1.74 billion
By Reuters
Read full article →Coverage Timeline
First report: channel-news-asia · 31 Aug, 14:03|Full coverage: 6 · 1h|Window: 1h
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