not vested
<IPO>SHEIN HK IPO Reportedly Earliest in 3Q with Valuation Potentially Crossing USD40B
SHEIN's IPO filing in Hong Kong has been registered with the China Securities Regulatory Commission (CSRC).
SHEIN could launch its listing as early as 3Q26, with a valuation potentially crossing USD40 billion, the Wall Street Journal reported, citing sources.
Related News: HSBC Research Cuts HKEX TP to HKD502, Maintains Buy Rating
SHEIN was valued at approximately USD66 billion in a funding round in 2023.
However, intensified market competition and persistent geopolitical uncertainties subsequently led to a gradual decline in the company's valuation.
Source: AASTOCKS Financial News
https://www.aastocks.com/en/stocks/news ... -news/AAFN
