BNB$713.92+0.77%BRENT$108.17+0.50%BTC$76,937+0.50%COPPER$6.46-0.08%DJI$52,064-0.60%DOGE$0.0834+0.67%DXY99.07+0.02%ETH$2,457+0.78%GOLD$4,330+0.29%NDX$29,104-1.08%SILVER$63.66+0.17%SOL$99.22+0.64%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.84+13.49%BNB$713.92+0.77%BRENT$108.17+0.50%BTC$76,937+0.50%COPPER$6.46-0.08%DJI$52,064-0.60%DOGE$0.0834+0.67%DXY99.07+0.02%ETH$2,457+0.78%GOLD$4,330+0.29%NDX$29,104-1.08%SILVER$63.66+0.17%SOL$99.22+0.64%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.84+13.49%
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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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