Fashion firm Shein readies for long-awaited stock market float

5:19 AM ETDeveloping

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Last week, the retail firm said in a pricing document that it was set for a valuation of between 202 billion HK dollars (26 billion US dollars/£18.9 billion) and 210 billion HK dollars (27 billion US dollars/£19.6 billion).

Shein said in the trading update it was looking at raising prices across the US and Europe to offset the sales impact. About 90% of the shares will be available to overseas investors, Shein said in the filing.

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Last week, the retail firm said in a pricing document that it was set for a valuation of between 202 billion HK dollars (26 billion US dollars/£18.9 billion) and 210 billion HK dollars (27 billion US dollars/£19.6…
About 90% of the shares will be available to overseas investors, Shein said in the filing.
Shein said in the trading update it was looking at raising prices across the US and Europe to offset the sales impact.

Sources

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