Shein aims for almost $27bn valuation in 1 September stock market debut
Fast-fashion retailer Shein is preparing for a Hong Kong stock market debut with a valuation target of nearly $27 billion. This valuation is significantly lower than its 2022 private fundraising peak, reflecting recent sales declines and increased regulatory scrutiny.
Why it matters
The IPO highlights the cooling of investor sentiment toward high-growth e-commerce giants amid geopolitical tensions and shifting international trade policies.
Image source, Getty Images By Osmond Chia Business reporter Published 7 minutes ago Fast-fashion giant Shein says it plans to raise up to HK13.86bn (£1.3bn; $1.77bn) when its shares start trading on the Hong Kong stock market on 1 September.
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