Shein plans to launch Hong Kong IPO as soon as next Wednesday, sources say

Shein, the online fashion retailer, is gearing up for an initial public offering (IPO) in Hong Kong later this week. The brand is actively promoting its share offering to investors, aiming for a valuation between $30 billion and $40 billion. This ambitious target underscores Shein's strong market presence and expansion plans. The IPO is anticipated to commence as early as next Wednesday.