Economic TimesLean R·
Global Markets: Shein eyes up to $3 billion Hong Kong IPO as soon as August, Bloomberg News reports
Fast-fashion powerhouse Shein is gearing up for an initial public offering in Hong Kong, aiming to secure between two to three billion dollars in funds. The company's long-awaited entry into the public market has been greenlit by China's securities regulator. With a targeted valuation between forty and fifty billion dollars, this listing comes after previous unsuccessful attempts in various global markets.
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