Sep 28, 2026IPO context
Shein reported a 50% year-on-year decline in operating profit for the first quarter of 2026 following its Hong Kong IPO.
Sources: lifecycle-news
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Shein reported a 50% year-on-year decline in operating profit for the first quarter of 2026 following its Hong Kong IPO.
Shein is said to have guided its Hong Kong IPO price at about HK$48.56 per share.
Backers of Shein’s Hong Kong IPO have agreed to a six-month lock-up on their shares.
Shein’s $1.8 billion Hong Kong IPO was reportedly fully covered on its first day of subscription.