Shein set to take orders for Hong Kong IPO next week, eyeing US$35b valuation: sources

Fast-fashion retailer Shein Global Holdings is planning to take investor orders for its Hong Kong Initial Public Offering (IPO) as soon as next week, aiming for a Valuation of US$35 billion, according to people familiar with the matter.The Singapore-headquartered company, which was founded in China, aims to raise as much as US$2.8 billion and began gauging Investor Demand last week, said sources who asked not to be identified while discussing confidential information.The timing and size of the deal could still change, but the company aimed to complete the process by the end of the month, a source said.