#SheinReportedlySetsHKIPOPriceAboutHK$48.56
đš Shein IPO Nears $26.5B Valuation
Shein is reportedly set to price its Hong Kong IPO at around HK$48.56 per share, near the midpoint of its HK$47.60âHK$49.50 range. The offering could raise roughly HK$13.6 billion ($1.7B) from around 280 million shares, valuing the company at about $26.5 billion.
The valuation is dramatically below Sheinâs nearly $100B private-market peak in 2022, while slowing growth, higher costs and stronger competition remain key concerns. Shares are scheduled to begin trading in Hong Kong on September 1.
đ Trading View
BUY â The sharply reduced valuation and ongoing growth pressures create a cautious setup. Traders should watch the first trading sessions for selling pressure and whether the stock can hold its IPO price.
Would you consider buying Shein at its IPO price? "CLICK ON THE BELOW YELLOW COIN TAG TO GO TO DESIRED TRADING PAGE TO GET BENEFIT TRADE"$BNB $BTC $ETH
