HONG KONG: Shein raised HK$13.60 billion (US$1.74 billion) in its Hong Kong initial public offering after pricing the share sale below the top end of its marketed range, ahead of its trading debut on August 31.
The Singapore-based, Chinese-founded fast-fashion retailer offered 280 million shares at HK$48.56 each. It had said last week that shares would be offered at between HK$47.60 and HK$49.50 apiece.
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