Shein secures nod from Hong Kong listing committee for 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 secures nod from Hong Kong listing committee for IPO, sources say FINANCE 9 hours ago Shein previously raised prices in the US at the end of April in response to small-parcel tariffs. Photo by REUTERS Shein has won approval from the Hong Kong stock exchange listing committee for an IPO, three people with knowledge of the matter said on Friday, bringing the fast-fashion retailer closer to its much-awaited stock market debut in the Asian financial hub. ADVERTISEMENT SCROLL TO CONTINUE WITH CONTENT The IPO would be one of Hong Kong's most closely watched listings in years and a major test of investor appetite for large consumer deals, after Shein's earlier efforts to list in New York and London stalled amid regulatory scrutiny. The sources declined to be named as they were not authorised to speak to the media. Spokespersons for Shein and the Hong Kong stock exchange did not immediately respond to requests for comment from Reuters on the hearing process outcome. The Hong Kong exchange's listing committee hearing on the Shein IPO was scheduled for Thursday, Reuters reported on Monday, with the company required to answer questions about its operations and finances. Once a company has secured the nod from the exchange listing committee after the hearing, it can then proceed with investor roadshows and book-building for the IPO, according to local market rules. Shein is seeking a valuation of US$40 billion to US$50 billion in its Hong Kong IPO. That's far less than the US$100 billion valuation that media reported it was given in a funding round in 2022, when it first started pursuing a New York listing. Reuters Shein China Hong Kong IPO 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗧𝗵𝗲 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗔𝗽𝗽 ↓ Top News Read More China's Zhongji Innolight nears Hong Kong listing of up to US$7 billion FINANCE 1 hour ago Chinese airlines order 95 Airbus jets with list price of US$17.8 billion to expand fleets FINANCE 2 hours ago China says US terminates Hong Kong emergency order that stripped special trade status FINANCE 2 hours ago China to levy consumption tax on lithium-ion batteries and solar cells CHINA 5 hours ago Hong Kong's jobless rate stays at 3.7 percent in Q2 FINANCE 6 hours ago Hang Seng Index slumps over 400 points on Friday, Z.ai sinks 28 percent FINANCE 7 hours ago China's Moonshot unveils world's largest open AI model, closing in on US rivals INNOVATION 7 hours ago China slams Trump claims of US election meddling as 'pure fabrications' CHINA 7 hours ago Landslide buries residents in southwest China's Chongqing CHINA 8 hours ago China's FX regulator says fresh QDII quota allocation underway FINANCE 9 hours ago (Video) Ex-pageant contestant confronts sneaker scammer at Mong Kok MTR station to claw back cash SOCIAL BUZZ 22 hours ago Taobao-backed PapaHome to launch massive lifestyle flagship in Causeway Bay NEWS 16-07-2026 19:12 HKT Police launch anti-burglary operation in Tseung Kwan O and Sai Kung NEWS 16-07-2026 03:17 HKT 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.