{
  "id": 3658079,
  "title": "Shein’s Hong Kong IPO pricing values company at US$26.5 billion: sources",
  "url": "https://urgent.news/2026/08/27/sheins-hong-kong-ipo-pricing-values-company-at-us-26-5-billion-sources",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T03:20:42.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/consumer-healthcare/sheins-hong-kong-ipo-pricing-values-company-us26-5-billion-sources"
  },
  "original_language": "en",
  "account": "Shein, the Hong Kong-based online fast-fashion retailer, is set to price its initial public offering (IPO) near the midpoint of its marketed range, according to sources. The offering is expected to raise US$1.7 billion, valuing the company at approximately US$26.5 billion. The shares are projected to be priced at HK$48.56, falling within the HK$47.60 to HK$49.50 range. This valuation represents a significant decrease from Shein's peak private market valuation of nearly US$100 billion in 2022 and is far below the US$66 billion valuation secured in a 2023 fundraising round. The Singapore-based company, founded in China, launched its IPO in Hong Kong on Monday and has faced regulatory challenges and business pressure in its key US and European markets.",
  "summary": "The offering is expected to be priced at HK$48.56 a share",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "SCMP Business",
        "title": "China’s robotics IPO wave gains steam as 2 more firms eye Hong Kong listings",
        "url": "https://urgent.news/2026/08/26/chinas-robotics-ipo-wave-gains-steam-as-2-more-firms-eye-hong-kong",
        "published": "2026-08-26T23:00:06.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Prudential’s new business profit grows on Malaysia, Hong Kong demand",
        "url": "https://urgent.news/2026/08/26/prudentials-new-business-profit-grows-on-malaysia-hong-kong-demand",
        "published": "2026-08-26T23:39:27.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Shein set to raise US$1.7bil in Hong Kong IPO, sources say",
        "url": "https://urgent.news/2026/08/27/shein-set-to-raise-us-1-7bil-in-hong-kong-ipo-sources-say",
        "published": "2026-08-27T03:04:32.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Shein’s Hong Kong IPO pricing values company at $26.5 billion, sources say",
        "url": "https://urgent.news/2026/08/27/sheins-hong-kong-ipo-pricing-values-company-at-26-5-billion-sources",
        "published": "2026-08-27T03:18:25.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}