Shein Set to Raise $1.7 Billion in Hong Kong IPO
Shein is preparing for a Hong Kong IPO expected to raise approximately $1.7 billion (HK$13.6 billion), with pricing anticipated near the midpoint of the marketed range. The fast-fashion retailer's valuation has dropped significantly to just above $26 billion, representing a substantial decline from its $100 billion valuation four years ago.
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Shein Set to Raise $1.7 Billion in Hong Kong IPO
Shein is preparing for a Hong Kong IPO expected to raise approximately $1.7 billion (HK$13.6 billion), with pricing anticipated near the midpoint of the marketed range. The fast-fashion retailer's valuation has dropped significantly to just above $26 billion, representing a substantial decline from its $100 billion valuation four years ago.
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