Shein finally goes public in Hong Kong — but has it missed its IPO window?

Shein was once valued at nearly US$100 billion. Now, after failed attempts to list in the US and UK, the fast-fashion giant has finally gone public in Hong Kong at a valuation of around US$26.3 billion. CNA traces Shein’s long road to an IPO and speaks to Hao Hong, chief investment officer at Lotus Asset Management, about the challenges facing its business model and whether the retailer has missed its IPO window as investors turn their attention to AI. Read: https://cna.asia/3T3zFWk Subscribe to our channel here: https://cna.asia/youtubesub Visit our website: https://cna.asia Download our app: https://cna.asia/app Get our editors' picks of stories via chat apps: Telegram: https://cna.asia/telegram WhatsApp: https://cna.asia/whatsapp Follow us on these platforms: https://www.facebook.com/channelnewsasia https://www.instagram.com/channelnewsasia https://www.tiktok.com/@channelnewsasia