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Hong Kong: Shein plans billion-dollar IPO for September 1st

The Chinese fashion retailer wants to raise up to $1.77 billion by issuing 280 million shares. The targeted valuation represents a drop of around 70 percent compared to earlier funding rounds.

Translated from German Read in German

We haven't written up this one. Handelsblatt has the full story — the link below goes straight to it.

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