The Zhitong Finance App learned that the report quoted people familiar with the matter as saying that the Chinese fast fashion apparel sales platform SHEIN (SHEIN) plans to begin evaluating investors' demand for its Hong Kong initial public offering (IPO) as soon as this week. The report quoted people familiar with the matter as saying that SHEIN may launch a pre-road show on Thursday.

In terms of regulatory approval, the China Securities Regulatory Commission issued an overseas issuance listing filing notice on July 10, authorizing SHEIN to issue no more than 342 million overseas listed common shares and list them on the Hong Kong Stock Exchange.

According to public information, SHEIN was founded by Xu Yangtian in 2008 in Nanjing and moved its headquarters to Singapore in 2021. The company cooperates with Chinese suppliers, and its business model focuses on overseas markets.

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