Shein launched Hong Kong IPO at up to $27 billion valuation
What's new: The retailer aims to raise as much as $1.77 billion, with trading set to begin Sept. 1.
The Business Times (Singapore), Bloomberg +2
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Shein · Hong Kong IPO
Shein seeks up to $1.77 billion in Hong Kong IPO at $27 billion value
What's new: The Sept. 1 listing would be Hong Kong's biggest IPO of 2026, with revenue growth near 1% and cornerstone orders worth about $383 million.
Shein targets Sept. 1 Hong Kong IPO at $26 billion to $27 billion
What's new: The planned valuation is far below Shein's $100 billion 2022 private fundraising mark as growth slows and costs rise.
The New York Times, MarketWatch +1