Zhitong Finance App learned that on July 10, the International Cooperation Department of the China Securities Regulatory Commission issued the “Notice Concerning the Filing Notice for Overseas Issuance and Listing of SHEIN Global Holdings Limited (SHEIN International Holdings Co., Ltd.)”. The company received the overseas issuance and listing filing materials submitted by Guangzhou Xiyin International Import & Export Co., Ltd., a domestic operating entity. The company intends to issue no more than 341,613,000 overseas listed common shares and list them on the Hong Kong Stock Exchange.

Earlier, it was reported that according to public information, the company plans to raise billions of dollars in this IPO, and the final amount will depend on the valuation. Currently, the target valuation is about 40 billion US dollars.

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