@thetruism · 39d ago
Shein launches 1.8 billion dollar Hong Kong IPO
Fast-fashion giant Shein has launched an initial public offering in Hong Kong aiming to raise up to $1.8 billion.
No further material developments are expected.
The numbers
Hong Kong
Shein has launched an initial public offering in Hong Kong.
- Shein launched a Hong Kong IPO to raise up to $1.8 billion.
- Shein aims for a valuation of almost $27 billion.
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Live updates
- Aug 24 · 5:24 AM
Evidence update
Shein is set to pay up to $3.5 billion to select pre-IPO investors around its Hong Kong listing.
- Aug 24 · 3:12 AM
Evidence update
Shein has launched its Hong Kong IPO to raise up to $1.8 billion at a $27 billion valuation, following previous attempts to list in New York and London.
- Aug 24 · 1:48 AM
Evidence update
Shein is targeting a $27 billion valuation for its upcoming stock market debut on September 1.
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What we know
Developing
What we don't know
Open questions are tracked here until evidence answers them. The Truism never fills a gap with an assumption.
- The final offering price and investor demand.
Update & correction history
- Aug 24 · 5:24 AM
Evidence update
Shein is set to pay up to $3.5 billion to select pre-IPO investors around its Hong Kong listing.
- Aug 24 · 3:12 AM
Evidence update
Shein has launched its Hong Kong IPO to raise up to $1.8 billion at a $27 billion valuation, following previous attempts to list in New York and London.
- Aug 24 · 1:48 AM
Evidence update
Shein is targeting a $27 billion valuation for its upcoming stock market debut on September 1.
The record is never silently rewritten. Every change is logged.
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