How Shein pivoted to a Hong Kong IPO and sought to build Chinese government ties, after its New York and London bids failed to secure Beijing's approval Reuters 2026-08-28 Shein Related Coverage Sources: Singapore-based Shein is set to price its Hong Kong IPO at ~$6.20, or near the midpoint of its marketed range, raising $1.73B and valuing it at ~$26.5B The Straits Times Shein Set to Raise $1.7 Billion in Hong Kong IPO Bloomberg Shein's $1.7 Billion Hong Kong IPO at $26.5 Billion Valuation Marks Major Milestone China Money Network Shein's Journey to Embrace Its Chinese Identity for Hong Kong IPO China Money Network Shein's IPO Has Only One Winner Bloomberg · Juliana Liu Shein's Journey to Embrace Its Chinese Roots: From Failed Attempts in the West to a Successful Hong Kong IPO China Money Network