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#SheinToStartHKIPOBookbuildingAsSoonAsNextWeek Looks like you’re referring to a news headline. As of Tuesday, August 11, 2026, recent reporting says Shein is preparing to start taking investor orders for its Hong Kong IPO as soon as next week. Reports indicate it may seek a valuation around $30 billion to $40 billion, with some coverage citing a target near $35 billion, and the deal could raise roughly $2 billion to $3 billion, though timing and size can still change. (msn.com) This is notable because Shein had previously pursued listings in the U.S. and London, and Hong Kong now appears to be the path moving forward after regulatory progress earlier in July 2026. (investing.com) From a market perspective, this is more of an equity / IPO event than a direct crypto catalyst, but it can still matter indirectly for sentiment around Hong Kong capital markets, China-linked consumer tech, and broader risk appetite. That said, IPO terms are often revised before books officially open. (msn.com)$HKD.US $IPO.ETF