Shein Scheduled for Hong Kong IPO Hearing on Thursday, Sources Say
The move comes as Shein secures Chinese approval for a Hong Kong listing and plans to sell up to 341.6 million H-shares.
- Shein is scheduled to face the Hong Kong Stock Exchange's listing committee on Thursday, July 16, 2026, marking the final procedural gate before the fast-fashion retailer can price its initial public offering.
- Following failed attempts to list in New York and London, the China Securities Regulatory Commission cleared Shein last Friday to issue up to 341.6 million H-shares with 12 months to complete the listing.
- Shein Executive Chairman Donald Tang will step down as the company nears its public debut, transitioning to a senior adviser role after three years serving as the firm's public face.
- Valuation concerns persist, with targets ranging from $40 billion to $50 billion, representing a sharp decline from the $100 billion valuation the retailer commanded roughly four years ago.
- Founder and CEO Sky Xu will lead investor roadshows ahead of the listing, as the company navigates intensifying competition from rivals like Temu and ongoing geopolitical friction affecting global operations.
31 Articles
31 Articles
Shein gets regulatory green light for IPO
Shein will publicly list in Hong Kong after finally receiving Beijing’s approval, deepening its Chinese roots following global setbacks. The fast-fashion juggernaut is targeting a $40 billion IPO as soon as August, after years of attempting to distance itself from China, where it manufactures most of its goods. The company moved to Singapore in 2021 before seeking to list in New York and then London, plans it abandoned amid scrutiny of its suppl…
Shein executive chairman to step down as IPO nears
Shein Executive Chairman Donald Tang will step down as his mission of taking the company public nears completion, three sources with direct knowledge of the matter told Reuters, after three years as the public face of the global fast-fashion retailer. A Chinese American billionaire who began his career in banking, Tang has acted as the […]
Shein prepares for IPO with management shuffle - RetailDetail EU
Shein is preparing for a leadership change as its initial public offering draws nearer. Chairman Donald Tang is stepping down, while founder and CEO Sky Xu will assume the chairmanship. The move coincides with the approval of the Hong Kong listing by Chinese regulators.
Shein's President Will Leave Office when the Company's Exit to Stock Exchange Is Close to Completion
China’s ‘low cost’ fashion giant looks forward to trading in Hong Kong after his frustrated attempts in New York and London
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