Shein: Giant with Decimated Value Enters Stock Exchange
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The Chinese fast fashion giant Shein has seen more lucrative times, so the IPO in Hong Kong is under special observation. The subscription period starts on Wednesday, August 28th, the share is to be traded on the stock exchange for the first time. In 2022, Shein was valued at approximately 98 billion US dollars (EUR 84.5 billion) in a financing round – that now only a market capitalization of around 25 billion US dollars is expected, speaks volu…
Shein lowers its stock market output to 22.5 billion and prepares a logistics network in Europe, a movement that can change prices and delivery times for thousands of Spanish online buyers. From 86 billion to 22.5 billion: the drop in figures The documentation recorded for the stock market in Hong Kong shows a company that is worth far less than in 2022. Then it reached a maximum value of close to 100 billion dollars, equivalent to 86.420 millio…
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