Shein IPO Priced at HK$48.56, Raises $1.74bn

Shein Hong Kong IPO Pricing and Proceeds

Shein, the online fast‑fashion retailer, priced its initial public offering in Hong Kong at HK$48.56 per share, which represents the midpoint of the range previously marketed to investors. The pricing is lower than the maximum offer price of HK$49.50 per share that had been announced the week before.

The IPO consisted of 280 million shares, and the share sale raised a total of HK$13.60 billion, equivalent to approximately US$1.74 billion. The proceeds are expected to be used as outlined in the prospectus (details not provided in the article).

The announcement was published on 31‑08‑2026 at 07:30 pm by Reuters, with editorial oversight by Vlad Schepkov. The article notes that it was generated with AI assistance and reviewed by an editor.