EconomyFast-fashion giant Shein to list in Hong Kong at $27 billion valuation
Fast-fashion giant Shein plans to list in Hong Kong on September 1, offering nearly 280 million shares and raising up to HK$13.86 billion. At the top of its price range, the company would be valued at almost $27 billion, far below its $100 billion private-funding valuation in 2022. Shein reported a $99 million loss in the first quarter.
Fast-fashion giant Shein to list in Hong Kong at $27 billion valuation
Economy