Shein Is Finally Going Public, But Far From the Valuation Once Expected for the Company

Source: International Business Times

Shein's targeted valuation represents a steep reset from previous fundraising rounds. Julie Sebadelha/AFP via Getty Images Fast-fashion giant Shein is preparing to launch its long-awaited Hong Kong initial public offering as soon as Aug. 19, moving closer to a stock market debut after years of regulatory hurdles and failed listing attempts in the U.