Shein IPO Values Company at Up to $27 Billion in Hong Kong

Online fast-fashion retailer Shein launched its long-awaited initial public offering in Hong Kong on Monday, August 24, 2026, seeking to raise up to HK$13.86 billion (US$1.77 billion) at a valuation that represents a dramatic decline from its peak. The company is selling 280 million shares at a price range of HK$47.