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Shein aims for €1.5 billion in Hong Kong IPO

The Chinese online retailer Shein, known for its affordable fashion, will begin its listing in Hong Kong on September 1, targeting a valuation of €23 billion.

24 August 2026Tagblick Newsdesk

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Archive photo: Shein aims for €1.5 billion in Hong Kong IPO — Archive photoPhoto: Peter van der Sluijs · Wikimedia Commons · CC BY-SA 3.0

Shein, the Chinese online retailer known for its low prices, will go public in Hong Kong on September 1. The company aims to raise more than €1.5 billion during this initial public offering.

According to various sources, Shein targets a valuation of €23 billion, which is equivalent to approximately $27 billion. The IPO comes after a period of financial challenges for the company.

It has been announced that Shein plans to offer around 280 million shares in its listing. With this, the company hopes to raise a significant amount that can contribute to its future growth.

The IPO comes at a time when Shein has faced financial setbacks, partly due to the imposition of recent U.S. import tariffs. This has resulted in losses for the company.

Additionally, there are concerns about possible fines that the company may encounter, which could further complicate its financial situation. Despite these challenges, the company remains optimistic about the IPO.

With the stock sale, Shein aims not only to raise capital but also to strengthen its position in the competitive world of fast fashion. The listing in Hong Kong is seen as a significant step in the company’s financial strategy.

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