Shein
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SHEIN Shares Drop 10% Following Contact Lens Recall in Oceania
A contact lens recall in New Zealand and Australia triggered a 10% drop in SHEIN shares on the Hong Kong Stock Exchange amid mounting financial losses and regulatory hurdles.
SHEIN drops 2.5% in Hong Kong stock market debut: 'Investors still don't see it as a bargain'
Ultra-fast fashion giant SHEIN opened its first trading day on the Hong Kong Stock Exchange with a 10% drop, which later recovered to 2.5%. The company raised $1.7 billion at a valuation of $26.5 billion.
Shein completes IPO in Hong Kong at a valuation of $26 billion
Shein has completed its initial public offering on the Hong Kong Stock Exchange at a valuation of approximately $26 billion, after raising $1.7 billion. This is significantly lower than the 2022 valuation.
Wolt, Shein and Temu at the top: The spending of Israeli children in the summer of 2026
The MAX company published expenditure data for July-August. After the delivery company and shopping giants follow Roblox and Sony. Also: how much is spent in Tel Aviv compared to the North and South?
Shein IPO in Hong Kong: Valuation cut by 75% from peak
Fast fashion retailer Shein aims to raise up to $1.8 billion in its Hong Kong IPO. The company's valuation is set at $26–27 billion, nearly 75% lower than its 2022 peak.
70% of value wiped out: Shein heads to Hong Kong Stock Exchange at $27 billion valuation
The fashion giant is launching an IPO in Hong Kong at a valuation approximately 70% lower than its peak. The prospectus reveals a sharp slowdown in growth, a loss in the first quarter, rising costs, and a massive compensation for early investors.
The crash of fashion giant Shein: company value plunged by 70%
Just before the dramatic IPO in Hong Kong, the online retail giant is forced to settle for an exceptionally low valuation and reports a shift to a quarterly loss of 99 million dollars.
From nearly 100 billion to 25: The massive crash of Shein is revealed
The fast-fashion giant Shein is currently preparing for an initial public offering (IPO) in Hong Kong, but it may arrive with a price tag much lower than the one attached to it at its peak. According to a report by Reuters today (Monday), the company is expected to aim for a valuation of about 25 billion dollars, with another source pointing to a range of 25–28 billion dollars — compared to a...
Shein's IPO date approaches, and the company's valuation has already shrunk by about 78%
Chinese fast-fashion giant Shein is preparing for an IPO on the Hong Kong Stock Exchange. Bloomberg Intelligence analysts value the company at $22-25 billion, a significant drop from its 2022 peak.
Shein in trouble in the US: Fashion giant fears huge fines
The online fashion giant Shein is under investigation by the US Federal Trade Commission (FTC) and could face heavy fines. The company disclosed the investigation in documents filed for its planned IPO in Hong Kong, noting that the outcome could significantly impact its financial position.
SHEIN Prospectus Reveals Pivot to Marketplace, Faster Delivery, and AI Investments Ahead of Hong Kong IPO
The prospectus published by Chinese retail giant SHEIN ahead of its Hong Kong IPO outlines plans to shorten delivery times, scale its marketplace model, and invest in AI for supply chain optimization.
Shein Published Preliminary Prospectus Before IPO: $99 Million Quarterly Loss
Online fashion giant Shein has published a draft prospectus for its Hong Kong IPO. Financial results reveal a decline in profitability following the US cancellation of customs duty exemptions on low-value shipments.