Shein Global Holdings Ltd
Finance
Shein prices Hong Kong float at a quarter of its 2022 valuation
The number that defines this IPO is not the raise. It is the gap. Shein Global Holdings Limited is pricing its Hong Kong float at up to US$27 billion, a ceiling that sits at less than 28 per cent of the US$98.2 billion valuation it secured in its 2022 private funding round. That is not a haircut.