Hong Kong ·
Shein pushes its Hong Kong IPO to September as investor demand cools, still eyeing $26–27B
Shein postponed its planned August 28 Hong Kong debut to around September 1 amid cooling investor demand tied to slowing growth and rising costs, holding its valuation target at $26–27B while adding UBS Asset Management as a cornerstone investor bound by a six-month lock-up.
Source: Bloomberg (via Yahoo Finance) ↗
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