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IPO: Modehändler Shein verschiebt offenbar Börsengang auf September

Ursprünglich wollte der Billigmodehändler seinen Börsengang in dieser Woche einleiten. Nun will Shein die Verschiebung aber wohl nutzen – um mehr Investoren zu gewinnen.

IPO: Modehändler Shein verschiebt offenbar Börsengang auf September

Hong Kong - A report in the South China Morning Post suggests that Chinese fast-fashion retailer Shein is pushing back its planned Hong Kong stock market debut to September. The outlet cites informed sources claiming the company intends to use the extra time to secure a large number of anchor investors. The investment banks organizing the offering are reportedly considering positioning their own funds as anchor investors.

Earlier this week, Reuters reported Shein aiming to launch the IPO this week at a valuation of around $25 billion, a quarter of the $100 billion valuation for a financing round four years ago. Initially, Shein had pegged the valuation at $30 to $40 billion. According to the report, the deadline for the submission of the prospectus is set to begin next Monday, August 24th.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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