NewsBite analysis · Business, Startups · IPO
TechNode
SHEIN launches Hong Kong IPO at a valuation of up to US$27 billion · TechNode
SHEIN is launching its Hong Kong IPO with plans to offer around 280 million shares priced between HK$47.60 and HK$49.50. This move is expected to raise as much as US$1.77 billion. Although reaching a valuation of up to US$27 billion, this figure is considerably lower than SHEIN's peak private valuation of US$98.2 billion in 2022. Trading is set to start on September 1, with significant backing from cornerstone investors like Boyu Capital and Tencent.
MonitorConfidence: MediumShort term horizon
Published 24 Aug 2026, 07:05 UTC1 min read
Visit original article ↗Lead image — TechNode
Summary
TL;DR
- SHEIN offers 280 million Class B shares in Hong Kong IPO
- IPO pricing set between HK$47.60 to HK$49.50 per share
- Potential fundraising of US$1.77 billion from the IPO
- Valuation could reach US$27 billion at upper price limit
- Previous peak valuation of US$98.2 billion in 2022
Interesting facts
- SHEIN's current valuation is significantly lower than its peak
- Key investors include major firms such as Tiger Global and General Atlantic
Coverage gaps