Dossier
$40 billion valuation
Coverage of $40 billion valuation in the Nexus archive.
- 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.