China: Online-Modehändler Shein will an der Börse 1,77 Milliarden Euro einsammeln
Der Finanzplatz Hongkong steht vor seinem bisher größten Börsengang des Jahres. Der Debütant Shein hat ambitionierte Investitionspläne, doch zugleich wachsen die Risiken.
China's online retailer Shein is expected to raise up to 1.77 billion dollars by listing on the Hong Kong stock exchange, according to a statement received by the Handelsblatt. The company plans to issue about 280 million shares priced between 47.60 and 49.50 Hong Kong dollars each. The initial public offering (IPO) is set for September 1st, although earlier reports indicated a debut this week.
The final offer price will be announced the day before the trading start. The filing period for the IPO began on the same Monday. Shein, originally founded in Nanjing, China, and now based in Singapore, had long awaited its IPO. Earlier attempts to list the company on the New York or London exchanges were unsuccessful. In recent months, Chinese companies have increasingly undergone a form of "renationalization," opting for mainland bourses or Hong Kong if international capital is needed.
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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