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Shein launches Hong Kong IPO at $27 billion valuation

Shein launched a $1.8 billion Hong Kong IPO at a valuation reported to be 70% below its peak.

By DoomRadar · Published on DoomRadar .

Why it matters

The sharply lower valuation signals substantial pressure on a major global e-commerce company and investor sentiment.

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  1. Shein Launches $1.8 Billion Hong Kong IPO at $27 Billion Valuation, Down 70% From Peak ↗hngn.com · Recorded source date: Aug 24, 2026, 11:01 PM UTC

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