BNB$676.86-1.31%BRENT$88.29+2.36%BTC$77,711-1.93%COPPER$6.54-0.36%DJI$53,560-0.02%DOGE$0.0841-1.44%DXY99.68-0.12%ETH$2,396-1.99%GOLD$4,454-0.69%NDX$29,433-0.70%SILVER$66.15-0.03%SOL$91.24-2.07%SPX$7,712-0.25%US10Y4.72+1.03%VIX14.43-0.55%BNB$676.86-1.31%BRENT$88.29+2.36%BTC$77,711-1.93%COPPER$6.54-0.36%DJI$53,560-0.02%DOGE$0.0841-1.44%DXY99.68-0.12%ETH$2,396-1.99%GOLD$4,454-0.69%NDX$29,433-0.70%SILVER$66.15-0.03%SOL$91.24-2.07%SPX$7,712-0.25%US10Y4.72+1.03%VIX14.43-0.55%
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Shein's Hong Kong IPO Valuation Falls to $26.5 Billion

Key takeaways

  • Shein's recent IPO in Hong Kong values the company at $26.5 billion, reflecting a decline of over 70% from its previous peak, amid concerns in the fast fashion

Analysis

Shein's recent IPO in Hong Kong values the company at $26.5 billion, reflecting a decline of over 70% from its previous peak, amid concerns in the fast fashion

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