Shein is seeking a valuation of $30-40 billion for its initial public offering (IPO) on the Hong Kong Stock Exchange in August. This was reported by Qazaqyia.kz citing Reuters.
According to sources, the company plans to conduct the IPO in Hong Kong in August. This move is aimed at strengthening Shein's position in the financial market.
During the IPO, the company's valuation could range from $30 to $40 billion. This figure will determine Shein's market value.
According to Reuters' exclusive information, this IPO is an important part of the company's financial strategy.