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Asia

Global markets: Shein will struggle to justify up to $50 billion Hong Kong IPO valuation

Markets-Economic Times · 1h ago · 🇮🇳 India

Global markets: Shein will struggle to justify up to $50 billion Hong Kong IPO valuation

While the quarterly loss partly reflected a $328 million fair-value charge on convertible redeemable preferred shares following an accounting change, slowing revenue growth and weaker core earnings underscore the company's mounting challenges.

Read the full story at Markets-Economic Times →

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