Shein is launching its long-awaited Hong Kong IPO at a fraction of its 2022 valuation
- Hong Kong IPO: 2 events in the last 90 days
What happened
The fast-fashion retailer's offering values it at roughly 70% below its 2022 peak of $98.2 billion
Summary assembled by rule from the sources below
Why it's spreading
Timeline
- First appeared on Yahoo FinanceYahoo Finance
- Quartz started reportingQuartz