Shein Targets Up to $3 Billion Hong Kong IPO by August
Updated
Updated · Bloomberg · Jul 13
Shein Targets Up to $3 Billion Hong Kong IPO by August
3 articles · Updated · Bloomberg · Jul 13
Summary
$2 billion to $3 billion is the range Shein is weighing for a Hong Kong IPO that could launch as soon as August, according to people familiar with the matter.
China’s securities regulator has approved the fast-fashion company’s listing plan, clearing a key hurdle for the deal.
The final fundraising size will depend on Shein’s valuation and investor feedback as it moves toward the offering.