Shein Sets Hong Kong IPO Hearing for Thursday, Targets Over $40 Billion Valuation
businessstocks 2 posts · 2 accounts
The clothing retailer is scheduled for a Hong Kong IPO hearing on Thursday following regulatory approval from Chinese authorities, with the company targeting a valuation above $40 billion for the listing.
Sources confirmed the hearing date in reporting on the offering. Details on the exact number of shares offered and the final listing price have not been disclosed.
From the sources (2 posts)
@wsjmarketsShein Targets Over $40 Billion Valuation After China Nod for IPO
@reutersShein scheduled for Hong Kong IPO hearing on Thursday, sources say