Fast-fashion retailer Shein aims for a $27 billion valuation in its Hong Kong IPO set to begin trading on 2026-09-01, down sharply from an earlier $100 billion valuation from four years prior. The China-based company swung to a $99 million loss in its first quarter amid environmental scrutiny.
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The fast-fashion giant's shares are due to start trading in Hong Kong on 1 September.
Known for selling cheap clothing, the online retailer has seen its value drop sharply from earlier estimates amid scrutiny over its environmental footprint Shein will debut on the Hong Kong stock exchange on 1 September, the fast-fashion retailer said on Monday, in a long-awaited listing that would value the group at close to $27bn. Founded in China and now headquartered in Singapore, the online r
Online fast-fashion retailer Shein is to make its stock market debut targeting a valuation almost a quarter of the $100bn it was worth four years ago.
China-based retailer swung to $99m loss in first quarter and faces scrutiny over its environmental footprint Business live – latest updates Shein, which built a fast-fashion empire on what seemed like impossibly low prices , has been forced to lower its own valuation in a cut-price stock market float, after falling into the red earlier this year. The online retailer will list on the Hong Kong stoc
China-based retailer swung to $99m loss in first quarter and faces scrutiny over its environmental footprint