Tag: shein
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Shein’s slowing growth tests investor appetite ahead of Hong Kong IPO
HONG KONG/LONDON, Aug 12 : Even after cutting its expected IPO valuation to $30 billion to $40 billion from a near $100 billion private market peak, Shein faces questions over whether slowing growth, rising costs and changing market conditions justify that price tag.Five investors who attended presentations o
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Shein plans to launch Hong Kong IPO as soon as next Wednesday, sources say
HONG KONG, Aug 11 : Online fast-fashion retailer Shein is planning to launch its Hong Kong initial public offering as soon as next Wednesday, two people with knowledge of the matter said on Tuesday.Shein did not immediately respond to a Reuters request for comment.
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Exclusive-Shein seeks $30-$40 billion valuation for August Hong Kong IPO, sources say
LONDON/HONG KONG, Aug 4 : Shein is seeking a valuation of $30 billion to $40 billion in a Hong Kong initial public offering (IPO) that the online fast-fashion retailer plans to launch as early as mid-August, three people familiar with the matter said.Shein started pre-deal investor meetings last week, one per
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Shein proposes cash payouts, more shares for late-stage investors ahead of IPO
Aug 3 : Shein is considering lowering the cost of investment for some late-stage investors as the fast-fashion retailer pursues an IPO at a lower valuation, according to filings with the Hong Kong Stock Exchange. The company may offer payouts to early investors as well as more shares with lower conversion pri
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Shein weighs cost reset for late-stage investors ahead of Hong Kong IPO, Bloomberg News reports
Aug 3 : Shein is considering lowering the cost of investment for some late-stage investors as the fast-fashion retailer pursues a Hong Kong IPO at a lower valuation, Bloomberg News reported on Monday, citing people familiar with the matter.The company may offer a mix of cash payouts and additional Class B sha
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Shein swings to $99m loss as Donald Trump’s tariffs hit sales
The announcement comes as the fast fashion giant prepares for its stock market debut in Hong Kong.
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China warns of retaliation over French law to curb fast fashion
BEIJING: China warned on Wednesday (Jul 22) of potential retaliation over a French law aimed at curbing the rise of fast fashion, slamming the regulation as “discriminatory” and in violation of trade principles.The bill,
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Shein secures nod from Hong Kong listing committee for IPO, sources say
HONG KONG, July 17 : Shein has won approval from the Hong Kong stock exchange listing committee for an IPO, three people with knowledge of the matter said on Friday, bringing the fast-fashion retailer closer to its much-awaited stock market debut in the Asian financial hub.The IPO would be one of Hong Kong’s
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Shein scheduled for Hong Kong IPO hearing on Thursday, sources say
LONDON/HONG KONG, July 13 : Fast-fashion retailer Shein is scheduled for a Hong Kong initial public offering hearing with the city’s stock exchange on Thursday, two sourceS with knowledge of the matter said, a step which will bring it closer to its much-awaited market debut. The fast-growing commerce company
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Shein could aim for September or October IPO in Hong Kong, source says
July 10 : Fast-fashion retailer Shein is likely to aim for its Hong Kong initial public offering in September or October, said a source familiar with the situation, after the company won approval from the Chinese securities regulator on Friday. Shein has indicated it could sell up to 8 per cent of its shares
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