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Shein eyes up to $3 billion Hong Kong IPO as soon as August, Bloomberg News reports

Shein eyes up to $3 billion Hong Kong IPO as soon as August, Bloomberg News reports

AI Briefing

  • • Shein eyes $2 billion to $3 billion Hong Kong IPO.
  • • Potential IPO may happen as early as August.
  • • Bloomberg News cites people familiar with the matter.

Source Summary

Fast-fashion retailer Shein is seeking to raise about $2 billion to $3 billion in a Hong Kong initial public offering, ​potentially as early as August, Bloomberg News reported ‌on Monday, citing people familiar with the matter.

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