Shein Is Said to Target Up to $27 Billion Valuation in HK IPO
Summary
Shein is reportedly targeting a valuation of $26 billion to $27 billion for a Hong Kong initial public offering. That would mark a steep decline from the company’s peak private-market valuation.
The lower target resets expectations for one of fashion’s biggest online retailers as it approaches
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Shein’s IPO pricing will test how public markets value ultra-fast fashion amid rising scrutiny.