Shein Is Said to Target Up to $27B 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 sharp decline from the fast-fashion retailer's peak valuation.
The proposed valuation resets expectations for one of fashion's most valuable private companies and tests
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Shein's pricing will show whether public markets still reward its growth model despite mounting scrutiny.