Shein launches up to $1.8 billion Hong Kong IPO
This digest was compiled by AI from multiple sources — links to the originals are below.
Online fast-fashion retailer Shein launched book building for a Hong Kong initial public offering on Monday, aiming to raise up to HK$13.86 billion ($1.77 billion). The company is selling 280 million shares at a maximum offer price of HK$49.50 per share. Shein will price the IPO on August 31 and debut on September 1.
Key Facts
- Shein launched book building for a Hong Kong IPO on Monday, aiming to raise up to HK$13.86 billion ($1.77 billion).
- The company is selling 280 million shares at a maximum offer price of HK$49.50 per share.
- Shein will price the IPO on August 31 and debut on September 1.
Offering Details
Shein launched book building for a Hong Kong initial public offering on Monday, according to an offering prospectus. The company aims to raise up to HK$13.86 billion ($1.77 billion) through the offering. Shein is selling 280 million shares for a maximum offer price of HK$49.50 per share, the filings showed. The IPO will be priced on August 31 and the shares will debut on September 1.
Company Background
Shein is an online fast-fashion retailer with a significant global presence. The company has previously considered listings in other markets, including the United States.
2 sources
Shein launches up to $1.8 billion Hong Kong IPO
