Shein plans to target up to $3 billion IPO in Hong Kong

5 sourcesFirst reported 11 days agoUpdated 7 days ago

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Shein Global Holdings Ltd. is preparing for an initial public offering (IPO) in Hong Kong, potentially aiming to raise between $2 billion and $3 billion.
The company has secured approval from China’s securities regulator and is looking to launch as soon as August.
However, some sources suggest the IPO could be targeted for September or October instead.
The move is part of Shein's strategy to expand its market presence amid ongoing developments in Europe.
Plans for the IPO come during a period of increasing scrutiny and challenges for the fast-fashion retail sector.

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