Shein's up to $1.8 billion Hong Kong IPO order book covered, sources say
Online fast-fashion retailer Shein's order book to raise up to US$1.8 billion in a Hong Kong initial public offering has been fully covered by investor demand, two sources said.
The Singapore-based, Chinese-founded company launched its share sale on August 24, valuing the firm at up to US$27 billion, according to the sources and company filings. – Reuters The Straits Times reports.