Shein Faces Challenges in $40-$50 Billion Hong Kong IPO Bid

Shein is under scrutiny as it pursues a $40 billion to $50 billion valuation in a Hong Kong IPO, with investors analyzing its financial performance. The company’s revenue increased by 8 percent to $41.8 billion in 2025, but its net income dropped by 39 percent to $2.06 billion.…

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