Shein plans to launch Hong Kong IPO as soon as next Wednesday, sources say
Summary
Shein is preparing a Hong Kong initial public offering that could launch as soon as next Wednesday, according to sources. The company is marketing the deal at a targeted valuation of $30 billion to $40 billion.
The proposed Hong Kong listing would give Shein a public-market test after pursuing an IPO
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Shein's IPO would test whether public investors will support the valuation of one of fashion's fastest-growing but most scrutinized companies.