invest1 distinct publisher
Shein lists in Hong Kong at just over a quarter of its 2022 $100bn mark
The 30% stake that made Sky Xu a $23bn founder is worth about $8bn at the listing price, and the roughly $73bn of company value that went missing says more about where Hong Kong's marginal IPO buyer went than about clothes.
Publishers:fortune.com
Reality
- Evidence52
- Adoption32
- Hype gap+14
- Incentives45
- Confidence