Shein

EU proposes extra €2 fee on Chinese e-commerce parcels

Low-value e-commerce shipments from China to the European Union fell 65% year over year in August 2026, as a €3 customs duty introduced on July 1 continues to reshape cross-border parcel flows. Now, a proposed €2 handling fee set to…

Shein pursues brand acquisitions after Hong Kong IPO

Days after completing its long-awaited Hong Kong initial public offering, Shein confirmed plans to acquire U.S. clothing brand Everlane for $80 million, marking the Chinese fast-fashion giant's first major step toward reinventing itself as a multi-brand retail platform.

Shein shares drop over 20% in first week after Hong Kong IPO

Shein's long-awaited arrival on the public markets has been met with a punishing reception. The Singapore-based fast-fashion giant listed on the Hong Kong Stock Exchange on Sept. 1 after raising US$1.7 billion in an IPO priced at HK$48.56 per share,…

Shein pursues acquisitions to revive growth after rocky Hong Kong IPO

Fresh off a turbulent Hong Kong stock market debut, Shein is turning to acquisitions to convince investors it can become more than a fast-fashion retailer. The company, sitting on roughly $15 billion in cash and another $1.74 billion raised through…

EU’s €3 parcel fee raises €224M as Chinese shipments plunge

The European Union's €3 customs duty on low-value parcels has generated roughly €224 million at Belgium's main e-commerce gateway during its first seven weeks of operation, while driving a sharp decline in Chinese shipments into the bloc, according to Bloomberg…

Shein shares land on DeFi exchanges days after Hong Kong IPO

Within hours of Shein's long-awaited debut on the Hong Kong Stock Exchange on Sept. 1, a tokenized version of the fast-fashion retailer's shares appeared on decentralized exchanges. The token, $SHEINx, is now trading on PancakeSwap via BNB Chain and on…

Shein shares fall on Hong Kong debut after $1.74B IPO

Shein began trading on the Hong Kong Stock Exchange on Tuesday after pricing its long-awaited initial public offering at HK$48.56 per share, near the midpoint of its marketed range and below the top end, raising HK$13.60 billion, or about $1.74…

Shein shares drop again on second day of Hong Kong trading

Shares of fast-fashion giant Shein fell more than 3% in early trading on Wednesday, extending losses after a turbulent debut on the Hong Kong Stock Exchange a day earlier. The stock was trading at HK$46.94 in early Wednesday trade, below…

Shein shares slide in Hong Kong market debut after $1.7B IPO

Fast-fashion giant Shein began trading on the Hong Kong Stock Exchange on Tuesday under stock code 0625, opening flat at its IPO price of HK$48.56 before sliding sharply in its first hours of trading. The weak debut caps a years-long…

Shein set to debut in Hong Kong amid China’s $54B IPO boom

Chinese stock markets are riding a wave of new public offerings fueled by investor enthusiasm for artificial intelligence and robotics, with combined IPO proceeds in Hong Kong and Shanghai already surpassing all of 2025's fundraising totals.

Shein CEO’s wealth drops $15B ahead of Hong Kong debut

Sky Xu, the reclusive founder and chief executive of fast-fashion giant Shein Global Holdings, has seen his personal fortune fall by more than $15 billion as the company prepares to list on the Hong Kong Stock Exchange on Sept. 1…

Shein set to debut on Hong Kong exchange Tuesday at $26.5B valuation

The fast-fashion giant Shein will begin trading on the Hong Kong Stock Exchange on Tuesday, capping a years-long effort to go public that took the company from New York to London before landing in the Asian financial hub. The listing…

HKEX to offer Shein options, short selling from day one

Hong Kong Exchanges and Clearing Limited announced Friday that it will introduce short selling, weekly and monthly options, and derivative warrants on Shein shares from the moment the fast-fashion retailer begins trading on September 1, 2026, giving investors an unusually…

Shein prices Hong Kong IPO at $26.5B, a fraction of its peak valuation

Online fast-fashion retailer Shein is set to raise approximately $1.7 billion from its Hong Kong initial public offering, pricing shares at HK$48.56 — near the midpoint of its HK$47.60 to HK$49.50 marketed range — valuing the company at roughly $26.5…

Shein IPO backers agree to unusual six-month lock-up

Existing investors in Shein Global Holdings have agreed to a six-month lock-up on new shares allocated to them in the company's Hong Kong initial public offering, an unusual arrangement that could limit freely tradable stock when the fast-fashion retailer begins…

Shein’s Hong Kong IPO order book covered despite US lawmaker’s pressure on banks

Republican Congressman John Moolenaar, chairman of the US House Select Committee on China, has called on JPMorgan, Goldman Sachs The Goldman Sachs Group, Inc., and Morgan Stanley to withdraw their support for Shein's planned Hong Kong initial public offering, accusing…

Watchdog says Shein’s IPO prioritizes growth over sustainability

Shein's long-awaited stock market debut is drawing pointed criticism from watchdog groups and institutional investors who say the fast-fashion giant's sustainability commitments amount to little more than rhetoric, even as the company begins selling shares ahead of its Hong Kong…

Shein’s $1.8B Hong Kong IPO fully covered ahead of Sept. 1 debut

Online fast-fashion retailer Shein's Hong Kong initial public offering book has been fully covered by investor demand, according to Reuters, bringing the company closer to a market debut that caps years of failed attempts to list in New York and…

Shein to pay $3.5B to pre-IPO backers ahead of Hong Kong listing

Online fast-fashion retailer Shein will pay up to $3.5 billion in cash and additional shares to selected existing investors as part of its Hong Kong initial public offering — nearly double the $1.77 billion it aims to raise from the…

Shein launches Hong Kong IPO at $27B, down 70% from peak

Online fast-fashion retailer Shein launched book building for its long-awaited Hong Kong initial public offering on Monday, aiming to raise up to HK$13.86 billion ($1.77 billion) at a valuation that reflects a roughly 70% decline from its private market peak…

Shein pushes Hong Kong IPO to September amid investor pushback

Shein Global Holdings is lining up major institutional backers for its planned Hong Kong initial public offering, even as the fast-fashion giant pushes its market debut to September following delays in the investor order process.

Shein targets $25B Hong Kong IPO, down from $98B peak

Shein, the online fast-fashion retailer once valued at nearly $100 billion, is targeting a valuation of around $25 billion for its Hong Kong initial public offering expected to launch later this week, according to three people with knowledge of the…

Shein’s Hong Kong IPO faces investor skepticism over slowing growth

Shein is preparing to launch its Hong Kong initial public offering as soon as August 19, but a sharply reduced valuation and questions about the fast-fashion retailer's growth trajectory are testing investor confidence in what was once one of the…

Shein plans to launch Hong Kong IPO as soon as next week

Online fast-fashion retailer Shein is planning to launch its Hong Kong initial public offering as soon as August 19, according to people familiar with the matter, setting the stage for one of the year's largest listings despite a sharp decline…

Shein IPO filings reveal U.S. sales plunge, warn of European repeat

Shein disclosed in filings ahead of its Hong Kong initial public offering that U.S. tariffs have forced price increases that dragged down American sales, and warned that a similar dynamic could soon spread to Europe, its largest market.

Shein valued at $22B-$25B for Hong Kong IPO, a 75% drop from peak

The online fast-fashion giant Shein is heading toward one of the year's most anticipated initial public offerings with a valuation far below its former peak, as Bloomberg Intelligence pegged the company's worth at $22 billion to $25 billion — roughly…

Shein begins gauging investor demand for Hong Kong IPO

Fast-fashion retailer Shein Global Holdings Ltd. is planning to begin gauging investor demand for its Hong Kong initial public offering as soon as this week, according to Bloomberg, marking the latest step in the company's long-delayed path to public markets.

Shein seeks up to $40B valuation in Hong Kong IPO

Shein is seeking a valuation of $30 billion to $40 billion in a Hong Kong initial public offering it plans to launch as early as mid-August, Reuters reported on Tuesday, citing three people familiar with the matter. The target represents…

Shein weighs compensating investors ahead of Hong Kong IPO

Shein is considering compensating late-stage investors who backed the fast-fashion retailer at valuations of up to $64 billion, as the company prepares for a Hong Kong listing at a far lower price, Bloomberg News reported on Monday.

Shein clears Hong Kong listing hearing ahead of IPO

Shein Global Holdings has passed its listing hearing with the Hong Kong Stock Exchange, clearing one of the final hurdles before what is expected to be one of the exchange's largest initial public offerings this year. The online fast-fashion retailer…