VERIFIEDET Markets·10 Jul 2026neutral

Global Markets: Shein finally wins China's approval for Hong Kong IPO, in third attempt to go public

AI Summary

·Shein has received approval for its Hong Kong IPO on its third attempt.
·The fast-fashion company has faced regulatory scrutiny and backlash in the US and UK.
·Investors project Shein's valuation to be between $40 billion and $50 billion.