Shein aims for almost $27bn valuation in stock market debut
- Fast-fashion giant Shein says it plans to raise up to HK13.86bn (£1.3bn; $1.77bn) when its shares start trading on the Hong Kong stock market on 1 September.
- In a filing on Monday, external, Shein said it will offer nearly 280 million shares for between HK$47.60 and HK$49.50.
- At the top of the range, it would value the firm at almost $27bn (£19.8bn).
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- Fast-fashion giant Shein says it plans to raise up to HK13.86bn (£1.3bn; $1.77bn) when its shares start trading on the Hong Kong stock market on 1 September.
- In a filing on Monday, external, Shein said it will offer nearly 280 million shares for between HK$47.60 and HK$49.50.
- At the top of the range, it would value the firm at almost $27bn (£19.8bn).
Sources: BBC News