Fashion

Shein Makes IPO Debut at $26.5B Valuation, a Fraction of Previous Estimates

Ultra-fast fashion giant Shein went public on the Hong Kong Stock Exchange this morning at a fraction of its former value. How did its IPO efforts go awry?

By Elliot O·Sep 1, 2026

Shein Makes IPO Debut at $26.5B Valuation, a Fraction of Previous Estimates

Originally reported by Vogue.

Ultra-fast fashion giant Shein went public on the Hong Kong Stock Exchange this morning at a fraction of its former value. How did its IPO efforts go awry?

Read the full story at Vogue →

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Shein Makes IPO Debut at $26.5B Valuation, a Fraction of Previous Estimates

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