Shein scheduled for Hong Kong IPO hearing on Thursday, sources say - CNA

Advertisement Business Shein scheduled for Hong Kong IPO hearing on Thursday, sources say FILE PHOTO: A Shein logo is seen at the first physical space of Chinese online fast-fashion retailer Shein on its opening day inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo 13 Jul 2026 04:52PM (Updated: 13 Jul 2026 05:46PM) Bookmark Bookmark Share WhatsApp Telegram Facebook Twitter Email LinkedIn Set CNA as your preferred source on Google Add CNA as a trusted source to help Google better understand and surface our content in search results. Read a summary of this article on FAST. Get bite-sized news via a new cards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST (Corrects typo in second paragraph) By Helen Reid and Kane Wu LONDON/HONG KONG, July 13 : Fast-fashion retailer Shein is scheduled for a Hong Kong initial public offering hearing with the city's stock exchange on Thursday, two sources with knowledge of the matter said, a step which will bring it closer to its much-awaited market debut. The fast-growing e-commerce company on Friday received Chinese securities regulator's nod to go ahead with its Hong Kong IPO plan, which marks the removal of a major hurdle in its long journey of going public. CNA Games Guess Word Crack the word, one row at a time Buzzword Create words using the given letters Mini Sudoku Tiny puzzle, mighty brain teaser Mini Crossword Small grid, big challenge Word Search Spot as many words as you can Show More Show Less The sources could not be named as the information was confidential. Shein did not immediately respond to a Reuters request for comment. The company will need to answer questions from members of the Hong Kong Stock Exchange's listing committee during the hearing process. Once Shein obtains clearance from the stock exchange, it can then proceed to conducting investor roadshows and launching bookbuilding for the IPO. A source told Reuters on Friday the company could possibly aim to list in September or October, targeting a valuation of $40 billion to $50 billion. Founded by Chinese-born entrepreneur Sky Xu in 2012, Shein had to wait for a year for the green light from Beijing for its Hong Kong IPO after confidentially filing the application last July. Source: Reuters Newsletter Week in Review Subscribe to our Chief Editor’s Week in Review Our chief editor shares analysis and picks of the week's biggest news every Saturday. Sign up for our newsletters Get our pick of top stories and thought-provoking articles in your inbox Subscribe here Get the CNA app Stay updated with notifications for breaking news and our best stories Download here Get WhatsApp alerts Join our channel for the top reads for the day on your preferred chat app Join here Advertisement Also worth reading Content is loading... Advertisement