Fast-fashion retailer Shein is seeking a valuation of about $27 billion for a potential initial public offering in Hong Kong. The figure is described as just over a quarter of its peak, after earlier attempts to list in New York and London were derailed by opposition.
WHO:Shein
WHAT:Shein seeks a $27 billion valuation for a Hong Kong IPO.
WHEN:Reported Aug 23, 2026 at 8:00 PM ET
WHERE:Hong Kong
WHY:Cause not yet established.
How this story developed (showing 3 of 3 earlier reports)