Shein aims to raise up to $1.8 billion in a Hong Kong IPO that values the fast-fashion retailer roughly 70% below its private-market peak four years ago, with a slower growth outlook set to weigh on ...
Shein’s up to $1.8 billion Hong Kong IPO order book covered, sources say
HONG KONG, Aug 25 (Reuters) - Online fast-fashion retailer Shein's Hong Kong IPO book to raise up to $1.8 billion has been fully covered with investor demand, two sources with knowledge of the matter ...
Standard Chartered becomes first bank to distribute Hong Kong’s HKDAP stablecoin
Standard Chartered Bank (Hong Kong) said on Monday that it has become the first bank authorized to distribute HKDAP, the city’s first regulated Hong Kong dollar stablecoin. Asset managers and ...
Hong Kong banking on AI, robotics acumen
Government support is reinforcing that role. The Hong Kong SAR government's 2026-27 Budget published in February includes embodied AI for the first time, and outlines measures to guide market capital ...
Shein gets ready for its Hong Kong IPO
Chinese fast-fashion giant Shein plans to raise up to around US$1.8 billion in its Hong Kong IPO. At the high end of its proposed range, the company would have a $26.8 billion market cap. Why it ...
Shein Aims For $27 Billion IPO On Hong Kong Stock Exchange
Shein is going public in Hong Kong, but its 73% valuation plunge highlights mounting cost, regulatory pressures, and a reputational crisis.
Hong Kong admits AI will cost jobs: Its training fix reaches just 1% of workers
Hong Kong AI jobs face a structural threat: the World Bank estimates 521,000 workers are at risk, but Financial Secretary Paul Chan's training program targets just 50,000. Here is what workers in ...
Shein to make $1.77B stock market debut in Hong Kong after years of delays
Chinese online fashion giant Shein announced plans to raise $1.77 by selling 280 million in its long-awaited IPO on the Hong Kong Stock Exchange.
Shein targets $27 billion Hong Kong IPO — a fraction of its 2022 valuation
Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in its initial public offering, according to a filing on Monday.
The Shein IPO Is Finally On But It Has Lost 70% In Value Along The Way
After four years hitting heads with U.S. and U.K. regulators, Shein will get its IPO. But the valuation has come down a long, long way from the heady post-pandemic days.
Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPO
By Yantoultra Ngui and Kane Wu HONG KONG, Aug 24 (Reuters) - Shein aims to raise up to $1.8 billion in a Hong Kong IPO that values the fast-fashion retailer roughly 70% below its private-market peak ...
Shein seeks $27bn valuation from Hong Kong IPO
New figure is just over a quarter of its peak after fast-fashion retailer’s attempts to list in New York and London derailed by opposition ...
Shein targets $27 billion valuation in long-awaited Hong Kong IPO
The fast-fashion giant said it would use the proceeds raised to strengthen its technology infrastructure, as well as strengthen its global presence.
Fast fashion giant Shein valued at up to $27 billion in Hong Kong IPO
By Yantoultra Ngui and Kane Wu HONG KONG, Aug 24 (Reuters) - Online fast-fashion retailer Shein's valuation has dropped by around 70% from a near $100 billion private market peak four years ago, as it ...