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Business & Finance

Shein Is Said to Target Up to $27 Billion Valuation in HK IPO

Bloomberg Markets Monday 17 August 2026, 14:32 UTC By Julia Fioretti 1 min read
Key Points

Deals Shein Is Said to Target Up to $27 Billion Valuation in HK IPO Fast-fashion retailer Shein Global Holdings Ltd. is targeting a valuation in the range of $26 billion to $27 billion in its initial public offering in Hong Kong, according to people familiar with the matter, a sharp drop from its peak value. The firm will seek to raise about $2 billion in the IPO, the people said, asking not to be identified discussing confidential information. The company had been gauging interest from...

Deals Shein Is Said to Target Up to $27 Billion Valuation in HK IPO Fast-fashion retailer Shein Global Holdings Ltd. is targeting a valuation in the range of $26 billion to $27 billion in its initial public offering in Hong Kong, according to people familiar with the matter, a sharp drop from its peak value. The firm will seek to raise about $2 billion in the IPO, the people said, asking not to be identified discussing confidential information. The company had been gauging interest from investors and recently targeted a $30 billion valuation but faced pushback, Bloomberg News has reported. Existing shareholders may take up as much as about half of the deal, people familiar with the matter have said.
Shein (PERSON) HK IPO Deals Shein (ORG) HK IPO Fast (ORG) Shein Global Holdings Ltd. (ORG) Hong Kong (LOCATION) IPO (ORG) Bloomberg News (ORG)
Originally published by Bloomberg Markets Read original →

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