Shein targets $27 billion Hong Kong IPO - a fraction of its 2022 valuation
Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in its initial public offering, according to a filing on Monday.


Glideslope AI-powered market news
No market stories in the last 7 days. The latest coverage is below.

No scored stories in the last 7 days.
| Day | Mood | Stories |
|---|---|---|
| Sun, Oct 11 | — | 0 |
| Sat, Oct 10 | — | 0 |
| Fri, Oct 9 | — | 0 |
| Thu, Oct 8 | — | 0 |
| Wed, Oct 7 | — | 0 |
| Tue, Oct 6 | — | 0 |
| Mon, Oct 5 | — | 0 |
| Sun, Oct 4 | — | 0 |
Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in its initial public offering, according to a filing on Monday.

Chan said firms from sectors like biotechnology, mining, and consumer companies are also in the pipeline.

Shein disclosed the FTC is investigating its U.S. business, but the nature of the probe is unclear.

The retailer won approval from China for its Hong Kong listing on July 10, clearing the way for a listing after failed attempts in New York and London.

Baidu's Hong Kong-listed shares rose over 6% amid reports that its AI chip unit Kunlunxin is targeting a $50 billion initial public offering in the city.

As Hong Kong vies with Wall Street to be the top IPO market, a growing number of pre-debut runups turn sour after their listing.

HashKey opens IPO subscriptions as it seeks to raise $214.7 million, valuing Hong Kong's biggest crypto exchange at about $2.5 billion.
With Thailand's markets in turmoil, Bitkub is shifting toward Hong Kong's thriving equity market for a $200 million IPO raise, Bloomberg reported.

A nascent revival in Hong Kong initial public offering market offered a long-awaited release valve for private equity firms sitting on aging China portfolios.

Hong Kong is on track to become the world's largest listing destination this year, surpassing the Nasdaq and the New York Stock Exchange.
Chinese companies are jumping at a window of opportunity to go public in Hong Kong as global investors start to return to the region.
Unlock the AI Macro Analyst to drill down into the data, explore hidden risks, and query the entire market briefing in real-time.
LOG IN / SUBSCRIBE