Shein postpones Hong Kong IPO to September, book-building from Aug 24

Published Aug 20, 11:06 AM UTC

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Fast-fashion retailer Shein has postponed its initial public offering (IPO) in Hong Kong to September, according to a report by the South China Morning Post. The company now intends to start book-building from August 24. Shein plans to introduce multiple cornerstone investors to support the listing. The delay comes amid ongoing market conditions and regulatory considerations. The IPO is expected to be one of the largest in Hong Kong this year.

Source

The Business TimesRegional

Original headline: Shein postpones Hong Kong debut to September, SCMP reports

Original language: EN-US

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