Shein Files HK IPO at $40-50B, Discloses U.S. FTC Probe
Shein filed for its Hong Kong IPO at a $40-50B valuation, down from $64B in 2024, while disclosing an ongoing FTC investigation into its U.S. business.
Shein filed for its Hong Kong IPO at a $40-50B valuation, down from $64B in 2024, while disclosing an ongoing FTC investigation into its U.S. business.
China’s Zhongji Innolight priced a $6.81 billion Hong Kong listing at HK$980 a share, the exchange’s biggest IPO of 2026 and Asia’s second-largest, ahead of a July 30 debut.