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Shein's Hong Kong IPO Order Book Fully Covered
Shein's initial public offering in Hong Kong, aiming to raise up to $1.8 billion, has seen its order book fully covered. The fast-fashion giant is proceeding with its listing despite rising tariffs and import fees.
25 Aug, 03:20 — 25 Aug, 06:50
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Moderate (46/100)3 sources25/33
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Sources
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cyprus-mail5h ago
Rising tariffs and import fees weigh on Shein Hong Kong flotation
Shein is seeking to raise up to $1.77 billion in Hong Kong at a valuation of just $27bn, barely a quarter of its 2022 price tag, as tariffs in the US and Europe put its low-cost business model under growing pressure. The fast-fashion group began taking orders on Monday for 280 million shares priced between HK$47.60 […]
Read full article →channel-news-asiaMostly Factual2h ago
Shein's up to US$1.8 billion Hong Kong IPO order book covered, sources say
Read full article →investing-com2h ago
Shein’s up to $1.8 billion Hong Kong IPO order book covered, sources say
By Reuters
Read full article →Coverage Timeline
First report: cyprus-mail · 25 Aug, 03:20|Full coverage: 3 · 4h|Window: 4h
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