
Shein's Hong Kong IPO Order Book Fully Covered Amid Tariff Concerns
Shein's initial public offering in Hong Kong, aiming to raise up to $1.8 billion, has seen its order book fully covered by investors. This development comes despite concerns about rising tariffs and import fees impacting the company.
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Shein's up to $1.8 billion Hong Kong IPO order book covered, sources say - Reuters
Shein's up to $1.8 billion Hong Kong IPO order book covered, sources say Reuters
Read full article →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 →Shein's up to US$1.8 billion Hong Kong IPO order book covered, sources say
Read full article →Shein’s up to $1.8 billion Hong Kong IPO order book covered, sources say
By Reuters
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