Key facts
- Shein is planning to launch its Hong Kong initial public offering as soon as next Wednesday.
- The fast fashion retailer is aiming for a valuation of approximately US$35 billion.
- This potential IPO could be one of the largest listings globally this year.
Fast fashion retailer Shein is reportedly gearing up to launch its initial public offering (IPO) in Hong Kong next week. Sources indicate that the company has commenced the process of taking orders for the listing, with a target valuation of approximately US$35 billion. This move positions Shein's IPO as a potentially significant event in the global financial markets, possibly becoming one of the largest listings of the year.