{"id":1166168,"date":"2026-08-24T06:57:15","date_gmt":"2026-08-24T06:57:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/1166168\/"},"modified":"2026-08-24T06:57:15","modified_gmt":"2026-08-24T06:57:15","slug":"shein-targets-lower-27-billion-valuation-in-hong-kong-ipo-after-london-listing-setback","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/1166168\/","title":{"rendered":"Shein targets &#8216;lower&#8217; $27 billion valuation in Hong Kong IPO after London listing setback"},"content":{"rendered":"<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/27C7C90B78CE219848D84D61A8082CED77EA9E916FD28B0BBF630A121D6B78DC\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Fproactive_uk_164%2Ff1b0e420752826bceae904ce7a976963.jpg\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Shein targets 'lower' $27 billion valuation in Hong Kong IPO after London listing setback\" height=\"540\" width=\"960\" class=\"yf-1f8hkhu loader\"\/><\/a> Shein targets &#8216;lower&#8217; $27 billion valuation in Hong Kong IPO after London listing setback Proactive uses images sourced from Shutterstock           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Shein is seeking a valuation of as much as US$27 billion in its long-awaited Hong Kong initial public offering, marking a sharp reduction from its pandemic-era peak after previous attempts to list in London and New York stalled.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The China-founded fast-fashion retailer plans to raise up to HK$14 billion (US$1.8 billion) through the sale of 280 million shares priced between HK$47.60 and HK$49.50, according to a Hong Kong Stock Exchange listing notice.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The pricing range would value Shein at around US$26 billion to US$27 billion, compared with the roughly US$100 billion valuation achieved during a private fundraising round in 2022.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Shein is expected to list in Hong Kong on September 1, with around 90% of the offering targeted at international investors. An option to sell a further 42 million shares could increase the amount raised to about US$2 billion.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The flotation follows more than four years of efforts to take the retailer public. Plans for a US listing were abandoned before Shein shifted its attention to London, where the proposed float also ran into political and regulatory scrutiny over its Chinese supply chain. Chinese regulators approved the Hong Kong listing application in July.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The lower valuation reflects weaker profitability. Shein reported a US$99 million first-quarter loss for 2026, while annual net profit fell to US$2 billion in 2025 from US$3.4 billion a year earlier.  <\/p>\n","protected":false},"excerpt":{"rendered":"Shein targets &#8216;lower&#8217; $27 billion valuation in Hong Kong IPO after London listing setback Proactive uses images sourced&hellip;\n","protected":false},"author":2,"featured_media":1166169,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[7757],"tags":[748,393,4884,3749,53162,257,8162,16,15],"class_list":["post-1166168","post","type-post","status-publish","format-standard","has-post-thumbnail","category-london","tag-britain","tag-england","tag-great-britain","tag-hong-kong","tag-hong-kong-stock-exchange","tag-london","tag-shein","tag-uk","tag-united-kingdom"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/117149187648198278","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1166168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=1166168"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1166168\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/1166169"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=1166168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=1166168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=1166168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}