More on Shein. The company, which sells £5 dresses and £11-£15 jeans, is set to price its initial public offering (IPO) at HK$48.56 a share, near the midpoint of its HK$47.60 ?to HK$49.50 range, Reuters reported. The IPO will value the company ?at about a quarter of its ?nearly $100bn peak in 2022, and well below the $66bn it was valued at in a 2023 ?fundraising round. Shein, which is headquartered in Singapore and was founded in China, launched its Hong Kong IPO on Monday. It is due to announce the final IPO price next Monday, with trading expected to begin the following day. It is one of the longest-awaited initial public offerings (IPO) of recent years, after plans to list in New York were blocked by regulators over forced labour concerns. Shein then considered a £50bn float in London, but faced similar questions about its supply chain from campaigners, MPs and investors. Cornerstone investors, led by existing shareholders Boyu Capital, Tiger Global and General Atlantic, have subscr
Asian technology shares ride high on AI optimism after Nvidia’s ‘stunning’ results – business live
More on Shein. The company, which sells £5 dresses and £11-£15 jeans, is set to price its initial public offering (IPO) at HK$48.56 a share, near the midpoint of its HK$47.60 ?to HK$49.50 range, Reuters reported. The...
Understand the story quickly
More on Shein. The company, which sells £5 dresses and £11-£15 jeans, is set to price its initial public offering (IPO) at HK$48.56 a share, near the midpoint of its HK$47.60 ?to HK$49.50 range, Reuters reported. The IPO will value the company ?at about a quarter of its ?nearly $100bn peak in 2022, and well below the $66bn it was valued at in a 2023...
Key points
- The company, which sells £5 dresses and £11-£15 jeans, is set to price its initial public offering (IPO) at HK$48.56 a share, near the midpoint of its HK$47.60 ?to HK$49.50 range, Reuters...
- The IPO will value the company ?at about a quarter of its ?nearly $100bn peak in 2022, and well below the $66bn it was valued at in a 2023 ?fundraising round.
- Shein, which is headquartered in Singapore and was founded in China, launched its Hong Kong IPO on Monday.
Context
This story is part of the Business coverage. The original reporting source identified by the page is The Guardian. Publication date: August 27, 2026 at 03:19.
What to watch
The next relevant developments are those connected to the facts and consequences described above; this page may be updated if the source material changes.
Editorial reading aid based on the information contained in this story and its identified source.
This story was originally published by The Guardian. Visit the original publication for further details.
Open original publication
