Shein to debut on the Stock Exchange with a value close to 23 billion
Shein Global Holdings, the Asian fast fashion giant, has finally set a price of HK$48.56 (EUR 5.35) for each of the approximately 280 million shares sold in the process of its stock market listing, which will culminate this Tuesday with its debut on the Hong Kong Stock Exchange floor.
Shein, the Asian fast fashion giant, has raised nearly 1.5 billion euros with its debut on the Hong Kong stock exchange. The company's valuation is around 22,880 million euros, far from the nearly 86,334 million euros it reached in 2022. Shein sold approximately 280 million shares at 48.56 Hong Kong dollars per share, with the shares set to begin trading on the Hong Kong Stock Exchange on September 1, 2026.
The company's initial public offering was oversubscribed 5.63 times in Hong Kong and 2.59 times internationally. Shein reported a loss of 85 million euros in the first three months of 2026 and revenue of 7,752 million euros in the first quarter, a 1.1% increase from the same period last year.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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