Shein set for cut-price stock market debut in Hong Kong

The $27bn valuation pales in comparison to the $100bn the online fashion firm reached after a private fundraising round in 2022.

Analysts say valuation drop reflects change in business prospects

The fast-fashion retailer's offering values it at roughly 70% below its 2022 peak of $98.2 billion

The company is set to go public on the Hong Kong Stock Exchange on September 1. The platform is courting international investors despite a slowdown in its growth, while taking advantage of China's completely controlled media environment.

The company is set to go public on the Hong Kong Stock Exchange on September 1. The platform is courting international investors despite a slowdown in its growth, while taking advantage of China's completely controlled media environment.

Chinese online fashion giant Shein announced plans to raise $1.77 by selling 280 million in its long-awaited IPO on the Hong Kong Stock Exchange.

Facing pressure in the United States and Europe, the online retailer is struggling to find new ways to grow ahead of its much-delayed initial public offering.

Facing pressure in the United States and Europe, the online retailer is struggling to find new ways to grow ahead of its much-delayed initial public offering.

Registration has opened for Hong Kong’s first countryside real-name reservation system capping daily visitors to a popular trail in Sai Kung at 2,000, with a lawmaker and a district councillor welcoming the arrangement as an opportunity to gather data to help shape formal arrangements. The trial reservation system for

China-based retailer swung to $99m loss in first quarter and faces scrutiny over its environmental footprint Business live – latest updates Shein, which built a fast-fashion empire on what seemed like impossibly low prices, has been forced to lower its own valuation in a cut-price stock market float, after falling in

Breakingviews - Alibaba's $10 bln share sale starts AI countdown  Reuters

Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in its initial public offering, according to a filing on Monday.

Shein Targets $27 Billion Valuation in Long-Awaited Hong Kong IPO  WSJ

HONG KONG, Aug 24 : Online fast-fashion retailer Shein will pay up to $3.5 billion to selected existing investors — almost twice the fresh capital it is seeking in an IPO — to help compensate them for a sharp slide in its valuation, its prospectus showed on Monday.The investors entitled to the payments in cash and extr

New figure is just over a quarter of its peak after fast-fashion retailer’s attempts to list in New York and London derailed by opposition

Facing pressure in the United States and Europe, Shein is struggling to find new ways to grow ahead of its much-delayed initial public offering.