Neutral
Last updated: 2026-08-26 09:08:15 ET
The Chinese e-retailer is listing for a quarter of the $100bn at which it was once valued
Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in its initial public offering, according to a filing on Monday.
Known for selling cheap clothing, the online retailer has seen its value drop sharply from earlier estimates amid scrutiny over its environmental foot...
The fast-fashion giant's shares are due to start trading in Hong Kong on 1 September.
The fast-fashion giant is targeting a listing in Hong Kong by Sept. 1. It’s been trying to go public for four years.
Facing pressure in the United States and Europe, Shein is struggling to find new ways to grow ahead of its much-delayed initial public offering.
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