#SheinReportedlySetsHKIPOPriceAboutHK$48.56
SHEIN IPO ALERT: Price Set at ~HK$48.56!
Shein is reportedly guiding its long-awaited Hong Kong IPO at about HK$48.56 per share โ just above the midpoint of the HK$47.60โHK$49.50 range.
๐ฐ Expected raise: ~HK$13.6 billion ($1.7B)
๐ Implied valuation: ~US$26.5 billion
๐
Trading debut: September 1 under stock code 00625
Thatโs a massive comedown from the ~$100B private peak in 2022. Fast-fashion king is finally going publicโฆ but at a fraction of its former glory.
What do you think โ value play or still overpriced after the tariff hits and slower growth? Drop your take ๐
#SheinIPO #HKIPO
#Shein #FastFashion
#IPO #HongKongStocks #00625 #StockMarket