17:33 - 11.08.2026

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August 11, Fineko/abc.az. Fast-fashion retailer Shein plans to launch its Hong Kong IPO as early as August 19.

• Valuation Target: Aiming for $30B–$40B, a steep drop from $98.2B in 2022 and $64B in 2023–2024.

• Financial Drag: U.S. tariff changes on small packages contributed to a $99M quarterly loss.