Shein Plans Hong Kong IPO Amid Slower Growth and Lower Valuation
Fast fashion giant Shein is preparing for an initial public offering (IPO) in Hong Kong, with a valuation estimated at up to $27 billion, significantly lower than its 2022 peak. The move comes as the company experiences slowing growth and follows previous considerations for listings in New York and London.
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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.
Read full article →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
Read full article →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
Read full article →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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