# Shein completes Hong Kong IPO at $26 billion market value

_Published Monday, August 31, 2026 at 1:05 AM EDT · Capital · Latest · Tier 2 — Notable_

Shein completed a Hong Kong initial public offering that raised $1.7 billion and gave the company a $26 billion market capitalization, according to Bloomberg. The valuation is far below the roughly $100 billion valuation reported for 2022, as the company faces slower growth, tariffs, and competition.

## Sources

- [Techmeme](https://www.techmeme.com/260831/p1#a260831p1)
- [Techmeme](https://www.techmeme.com/260901/p9#a260901p9)

---
Canonical: https://techandbusiness.org/newswire/GuXHSgfJjDkarKE4wsPvtX
Published: 2026-08-31T05:05:47.012Z
Story chronology: 2026-08-31T04:20:08.000Z
Retrieved: 2026-10-15T08:57:26.683Z
Publisher: Tech & Business (techandbusiness.org)