Shein’s Slowing Growth Risks Weighing on Hong Kong IPO Valuation
Shein has finally won long-awaited Chinese regulatory approval for its planned Hong Kong listing, but slowing business growth threatens to weigh on the valuation it can command in the initial...
By Charlie Zhu, Daniela Wei · Bloomberg Markets
Shein has finally won long-awaited Chinese regulatory approval for its planned Hong Kong listing, but slowing business growth threatens to weigh on the valuation it can command in the initial public offering.