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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Online fashion retailer Shein has received approval from Chinese regulators to proceed with its IPO on the Hong Kong Stock Exchange after facing hurdles in the U.S. and London. The company is targeting a valuation of over $40 billion and aims to raise between $2 billion and $3 billion. The listing is planned to take place as early as August 2026.