Business & Markets
Shein seeks $1.7bn in Hong Kong listing
Shein plans to raise up to HK$13.86 billion, or US$1.7 billion, when it lists in Hong Kong on September 1, the fast-fashion online retailer said in a stock exchange filing.
The company plans to offer 280 million shares at HK$47.60 to HK$49.50 each. At the top of that range, Shein would be valued at about US$26.8 billion.
Shein, founded in China and now headquartered in Singapore, won Beijing's approval last month for the Hong Kong initial public offering.
Most of its factories are in China. The company has grown through fast product design and an efficient production and supply chain, but has faced scrutiny over its environmental footprint and allegations of human rights violations. Executive chairman Donald Tang told AFP last year that Shein has “zero tolerance” on forced labour.
Update
Shein said it will debut on the Hong Kong stock exchange on September 1.
Shein won Beijing's approval last month for the Hong Kong IPO.
The company was founded in China and is now headquartered in Singapore.
Most of Shein's factories are located in China.
Shein has faced scrutiny over its environmental footprint and allegations of human rights violations; its executive chairman told AFP last year the company has zero tolerance for forced labour.
Source note: AFP news report published on 24 August 2026 at 00:49:14 UTC.
Update
Shein said it will make its Hong Kong stock exchange debut on September 1.
The company plans to offer 280 million shares at HK$47.60 to HK$49.50 each.
The listing could raise up to HK$13.86 billion, or US$1.7 billion.
Source note: AFP news report published on 24 August 2026 at 00:37:43 UTC.
Update
Shein is aiming for a market value of around $27 billion, according to a stock exchange filing.
Source note: AFP news report published on 24 August 2026 at 00:18:11 UTC.
Uncertainty notes
The final offer price and amount raised will depend on the completed share sale.
Source
AFP news report published on .