Hong Kong ·
Shein targets a late-August to September Hong Kong listing as it discloses 2025 financials
The fast-fashion retailer disclosed $41.9B in 2025 revenue as its draft prospectus firms up a listing window, while still eyeing the $40–50B valuation target that leaves pre-IPO holders absorbing a steep markdown from its $100B 2022 peak.
Source: TechNode ↗
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