EconomyShein targets almost $27bn valuation in Hong Kong debut
Fast-fashion giant Shein plans to raise up to HK$13.86bn by offering nearly 280 million shares when trading begins in Hong Kong on 1 September. The implied valuation of almost $27bn is far below its $100bn private-market valuation in 2022. Previous US and London listing attempts failed amid regulatory scrutiny.
Shein targets almost $27bn valuation in Hong Kong debut
Economy