BUSINESSJul 17 · 08:34 UTCSCMP WORLDZoe SL Chan,Coco Feng

Shein passes hearing for Hong Kong listing as valuation halves to below US$50b, sources say

Shein has passed its Hong Kong listing hearing, moving closer to an IPO after previous attempts in New York and London failed. The company's valuation has dropped to below $50 billion, according to sources.

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SheinorganizationHong Kong Stock ExchangeorganizationHong Kong Exchanges and Clearing (HKEX)organizationSingaporeplaceChinaplace

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