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The Nexus
BUSINESSJul 13 · 12:50 UTCQUARTZCris Tolomia

Shein wins China's approval for a Hong Kong IPO targeting a $40 billion valuation

Shein, a fast-fashion retailer, has received China's approval for a Hong Kong IPO targeting a $40 billion valuation. The company is scheduled for a stock exchange hearing on Thursday and could list as early as the third quarter of 2026.

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Shein wins China's approval for a Hong Kong IPO targeting a $40 billion valuation · The Nexus