Shein prices Hong Kong IPO at midpoint of range, raises $1.74 billion
Shein on Monday priced its initial public offering in Hong Kong at the midpoint of its marketed range, raising HK$13.60 billion ($1.74 billion) from the share sale. The online fast-fashion retailer has offered 280 million shares for the listing at HK$48.56 per share, below the maximum offer price of HK$49.50 apiece announced last week.
($1 = 7.8379 Hong Kong dollars)
Google News