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Shein targets $27 billion Hong Kong IPO — a fraction of its 2022 valuation

Shein targets $27 billion Hong Kong IPO — a fraction of its 2022 valuation
Source: CNBC

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.

About the Author: CNBC

CNBC is a senior correspondent for Dhallo News, specializing in technology and investigative journalism. Their work has been syndicated globally. Reach them via telegraph at cnbc@dhallonews.local.

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