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By Trader Edge at 2026-09-27 08:32
Sentiment: Positive
TLDR Shein launched its Hong Kong IPO on August 24, offering shares at HK$47.60 to HK$49.50, seeking up to $1.77 billion The IPO values Shein at around $27 billion, down roughly 70% from its $98.2 billion peak in 2022 Revenue growth slowed to 1.1% in Q1 2026, and the company posted a $99 million net [...] The post Shein Hong Kong IPO Launches at $27 Billion Valuation, 70% Below 2022 Peak appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central