Shein IPO Valuation Drops Amid Global Regulatory Challenges

The Most Important Thing

risk is largely a matter of opinion

Jozhe

·3 years ago

shared a link post in group #The Most Important Thing

This IPO might be interesting. They are targeting 90B$ valuation

www.reuters.com

China's Shein files for US IPO in major test for investor appetite -sources

Fashion company Shein has confidentially filed to go public in the United States, according to two sources familiar with the matter, in what is likely to be one of the most valuable China-founded comp

Sam Mendoza
Temu quietly recovered its US web traffic from last year’s tariff blow, even as PDD Holdings, its parent company’s stock, remains under pressure sherwood.news/business/te..
sherwood.news
Temu’s US web traffic quietly recovered from last year’s tariff blow
Temu’s parent company’s stock is still under pressure though, both this year and this morning....

Jerome Cody
Online fashion retailer Shein revealed in paperwork for its forthcoming Hong Kong Stock Exchange IPO that last year’s elimination of regulations allowing retailers to import low-cost items without paying duties had hit its business hard. Shein’s revenue growth slowed to 1.1% in the first quarter of 2026, while its U.S. business shrank 14%. The company lost money in the first quarter. More here. cnbc.com/2026/07/26/shein..
www.cnbc.com
https://www.cnbc.com/2026/07/26/shein-reveals-key-financials-ahead-of-hong-kong-ipo.html

Nate
Online fashion retailer Shein received Chinese regulatory approval to list in Hong Kong, capping off the e-commerce platform’s tumultuous two-year quest to float its shares. The China Securities Regulatory Commission said in a statement on Friday that it had approved Shein’s application to sell not more than 341.6 million shares on the Hong Kong stock exchange. The approval is valid for 12 months. If Shein doesn’t list in 12 months, it must submit an updated application. Before the bid to list in Hong Kong, China-founded Shein first sought to go public in New York in 2024, then London. Both attempts failed amid mounting controversies over the company’s labor practices, allegations of copyright infringement and other thorny issues. reuters.com/world/shein-w..
www.reuters.com
reuters.com

Cyril
Fast fashion company Shein expects to go public at a valuation of around $26 billion, the company said in a filing with the Hong Kong Stock Exchange. That would be a sharp decline from the $80 billion to $90 billion valuation it was hoping for three years ago. (e.customeriomail.com/e/c/..) That decline reflects how Shein has been buffeted by the end of the ‘de minimis’ rule in the U.S., which allowed Americans to buy items without paying an import duty. Sales growth slowed to 1.1% in the first quarter, while its US business shrank 14% and the company lost money. Shein expects to start the IPO sale today and hopes to finalize the listing price by next Monday, allowing shares to start trading on Sept. 1. Shein is looking to sell shares hares by Thursday, it said in the filing.

Cyril
Shares of Chinese online fashion giant Shein ended flat on its first day of trading on the Hong Kong stock exchange, capping off the company’s convoluted multiyear quest to go public. Shein’s shares opened at HK$48.56 on Tuesday, and dropped as much as 10% before shedding the losses and closing at HK$48.5, according to Hong Kong stock exchange data. By comparison, the benchmark Hang Seng Index dipped 0.93%. As of Tuesday market close, Shein had a market capitalization of $26 billion, a far cry from the height of $100 billion reached during a private funding round in 2022. The company raised HK$13.6 billion ($1.7 billion) in the initial public offering. Shein for years tried to downplay its China roots and position itself as a global company, as its fashionable, ultracheep clothing gained popularity among consumers in the West. The company tried to go public in both New York and London, but the attempts were thwarted by criticism against its labor and environment practices and China’s straining ties with the U.S. Wearing a white, Shein-branded T-shirt like other employees, Sky Xu, the company’s elusive founder and CEO, attended the listing ceremony in Hong Kong but stayed out of the limelight most of the time. He didn’t deliver a speech or participate in the iconic Hong Kong-style gong-striking ritual on stage to mark the beginning of trading. Shein’s employees struck the gong and CFO Leigh Gui delivered a short speech. reuters.com/legal/transac..
www.reuters.com
Shein makes lacklustre Hong Kong debut as investors fret about growth and regulatory risks
Shares in fast-fashion retailer Shein ended flat in their Hong Kong debut on Tuesday, recovering from a selloff fuelled by investor worries that various setbacks and delays to a market listing have e

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