Shein Targets $26B–$27B Valuation in Hong Kong IPO
JPM JPMorgan Chase & Co
$362.84 -0.07%
View chart & analysis → - 1Fast-fashion firm Shein is targeting a valuation of $26 billion to $27 billion in its Hong Kong IPO
- 2It aims to raise about $2 billion and list by the end of the month, with existing shareholders potentially taking up to roughly half of the offering
- 3After peaking at about $100 billion in 2022, its valuation has plunged amid tariffs and competition from Temu
This 3-line summary is compiled from the report below.
Bloomberg View original ↗
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