invest1 distinct publisher
Sky Xu's 30% stake prices Shein at $26.7bn for its Hong Kong debut
Fortune puts Sky Xu's holding at about $8bn at the listing price, which divided by his 30% stake backs into a company worth roughly $26.7bn, some $73bn under the mark private investors accepted in 2022. Whether that gap is flows or freight decides who should buy it.
Publishers:fortune.com
Reality
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