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Fast-fashion giant Shein aims for $27bn valuation in Hong Kong market debut

📅24 August 2026 at 04:02
📰The Guardian
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Known for selling cheap clothing, the online retailer has seen its value drop sharply from earlier estimates amid scrutiny over its environmental footprint
Shein will debut on the Hong Kong stock exchange on 1 September, the fast-fashion retailer said on Monday, in a long-awaited listing that would value the group at close to $27bn.
Founded in China and now headquartered in Singapore, the online retailer secured Beijing’s approval last month to make its initial public offering in Hong Kong.
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📰Source: The Guardian
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Source: This article was originally published by The Guardian. All rights reserved to the original publisher.

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