Quartz·1 min read·easy
Shein wins China's approval for a Hong Kong IPO targeting a $40 billion valuation
✦AI Summary
Fast-fashion retailer Shein has received approval from Chinese regulators to pursue an IPO in Hong Kong. The company is targeting a valuation of $40 billion with a potential listing date in 2026.
The fast-fashion retailer is scheduled for a stock exchange hearing Thursday and could list as early as the third quarter of 2026
businesseconomy
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