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HomeBusinessShein to pay up to $3.5 billion to select pre-IPO investors around...

Shein to pay up to $3.5 billion to select pre-IPO investors around Hong Kong listing

HONG KONG, Aug 24: Online fast-fashion retailer Shein will pay up to $3. 5 billion to selected existing investors — almost twice the fresh capital it is seeking in an IPO — to help compensate them for a sharp slide in its valuation, its prospectus showed on Monday. The investors entitled to the payments in

Read full story on Channel Newsasia

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