69 Days
Source:
البلاد
Source: البلاد
69 Daysالبلاد
Source: البلاد
69 DaysReady to play
Ready to play
Shein plans to list its shares on the Hong Kong Stock Exchange between September and October 2026, with a valuation of up to $50 billion, following approval from the Chinese securities regulator. The company is expected to sell approximately 8% of its shares, which will enhance its financing efforts despite the decreased valuation compared to a previous funding round in 2022 that was valued at around $100 billion. This move comes after a failed attempt to list in London and has faced criticism from regulatory authorities in the United States and Europe over issues related to product safety and violations of consumer protection rules.
Notice: This Is an AI-Generated Summary
Comments (0)