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2026-08-13 11:57:30 Shein plans to start its IPO subscription as early as August 20 and list in Hong Kong around August 28, Bloomberg, citing sources, reported. The company originally targeted a valuation of around USD30 billion, but faced opposition from investors and the valuation may be lowered further, while existing shareholders may subscribe for up to about half of the shares offered. Shein has informed potential investors that its profit is projected to decline in 2026 before rebounding in 2027 to near the USD2.06 billion level recorded in 2025, sources divulged. ~ AASTOCKS Financial News Website: www.aastocks.com | |