Fast-fashion giant Shein has launched an IPO in Hong Kong, aiming to raise up to $1.8 billion with a valuation capped at approximately $27 billion.
The company's market debut follows years of intense regulatory scrutiny regarding its supply chain practices and environmental impact in global markets.
Shein is expected to officially list in September, marking a significant milestone for the Chinese-founded retailer as it seeks to expand its international footprint.