Per sources from the agency, Shein might conduct its IPO as soon as inAugust. They clarified that the terms of the offering are still under discussion, and aspects like the size and timing may change. Shein did not reply to Bloomberg’s inquiry for a statement.
According to Reuters, Shein is set to have its application examined by a committee of the Hong Kong Stock Exchange on Thursday, July 16. Upon receiving approval from the exchange, the company can initiate a roadshow for investors and create its IPO order book.
Sources from Reuters indicated that Shein may conduct its IPO as soon as this fall, potentially in September or October.
source: reuters.com
