A lower-priced Hong Kong listing: breathing room or a lasting ceiling?
The ultrafast-fashion giant aims to raise about $1.7 billion in Hong Kong after Beijing’s approval, while facing U.S. and European pressure and a voluntary CFIUS review of its Everlane acquisition.
Shein will list in Hong Kong on 1 September at a targeted valuation near $27 billion, aiming to raise about $1.7 billion after securing Beijing’s a...