Shein postpones HK Stock listing to September 2026

Shopee has postponed its IPO in the Hong Kong Stock Exchange to September 2026, following delays in beginning investor solicitation and a decline in the company's valuation to approximately $25 billion, down from earlier expectations of $30 to $40 billion. This move is part of the company's efforts to list its shares after a series of delays and initiatives in global markets, facing regulatory and political obstacles, especially during its IPO attempts in New York and London before switching to Hong Kong. The company is currently aiming to build the order book and proceed with the offering, with the participation of some key investors, while most shares remain reserved for existing shareholders.

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