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Market Chatter: Shein Seen Worth Up to $25 Billion Ahead of Hong Kong IPO

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Shein could fetch a valuation of $22 billion to $25 billion based on its fast-fashion business, Bloomberg reported Monday, citing Bloomberg Intelligence.

The estimate is below the $30 billion to $40 billion valuation the company is reportedly seeking for its Hong Kong IPO and less than half its $66 billion valuation in a 2023 funding round, the report noted.

Bloomberg Intelligence based its valuation on 13 to 15 times projected 2027 earnings, when it expects profit to recover to about $1.67 billion following weaker results in 2026, Bloomberg said, citing consumer and technology analysts Catherine Lim and Jason Zhu.

Shein's China-based supply chain and overseas revenue leave it exposed to tariffs, shipping costs and regulatory risks, which could limit the premium investors are willing to pay, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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