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U Ethical Investors

Melbourne investment manager whose portfolio manager Sam Wyatt says Shein missed its listing window.

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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

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U Ethical Investors — company — Clarity Today