Shein eyes company valuation of around US$25 billion in Hong Kong IPO, sources say

City Voices Trending Hong Kong Business International Racing Lifestyle Showbiz Sport Opinion Games ePaper City Voices Trending Hong Kong Business International Racing Lifestyle Showbiz Sport Opinion Games BUSINESS FINANCE Shein eyes company valuation of around US$25 billion in Hong Kong IPO, sources say FINANCE 8 hours ago Shein logo and their web shop are seen in this illustration taken, May 16, 2024. REUTERS/Dado Ruvic/Illustration Online fast-fashion retailer Shein is eyeing a company valuation of around US$25 billion (HK$195 billion) in its Hong Kong IPO, said three people with knowledge of the matter, down from nearly US$100 billion four years ago due to challenging business conditions. ADVERTISEMENT SCROLL TO CONTINUE WITH CONTENT Singapore-headquartered Shein, known for selling US$5 dresses and US$10 jeans to shoppers in about 160 countries, is aiming to launch its much-awaited initial public offering later this week, Reuters has reported. One of the three sources said that the company, which was founded in China in 2012, was looking at a valuation of between US$25 billion and US$28 billion based on the marketing price band for the offering. The sources declined to be named as they were not authorised to speak to the media ahead of a public announcement of the deal terms. A spokesperson for Shein did not immediately respond to a Reuters request for comment. Reuters Shein China Hong Kong IPO valuation growth 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗧𝗵𝗲 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗔𝗽𝗽 ↓ Top News Read More HashKey Exchange partners with OneInfinity to expand HK stablecoin market FINANCE 1 hour ago Trump crypto firm backs venture offering AI from restricted Chinese companies FINANCE 2 hours ago Chinese humanoid robot maker Unitree to list in Shanghai on August 19 FINANCE 2 hours ago China's memory chip giant CXMT hit fresh record, up 6 times from IPO FINANCE 3 hours ago Mech-Mind Robotics Technologies clears HK listing hearing FINANCE 5 hours ago China's Robotera eyes Hong Kong IPO to raise up to US$1b FINANCE 6 hours ago Hong Kong shares gain on market close, SMIC up 6.14pc FINANCE 7 hours ago China new home prices stagnant in July as demand stays weak PROPERTY 8 hours ago China's industrial output slows in July, retail sales miss forecasts FINANCE 8 hours ago From kangaroos to dim sum, foreign borrowers rush into Asia-Pacific bond markets FINANCE 9 hours ago Cathay Pacific flight to Jakarta returns to HK after suspected engine overheating NEWS 18 hours ago Domestic helper dies in HK, employer left footing repatriation bill SOCIAL BUZZ 10 hours ago Hayden Panettiere, 'Heroes' and 'Nashville' actress, dies at 36, US media reports WORLD 10 hours ago Contact Us About Us Terms of Use Privacy Policy Statement Copyright Policy & License Ethics Statement | Subscriptions Print Advertising Digital Advertising Street Points Copyright © 2026 The Standard - A division of Sing Tao News Corporation Limited. All rights reserved.