Fast-fashion retailer Shein is set to hold a listing hearing with the Hong Kong Stock Exchange on Thursday, marking a critical procedural step toward its anticipated initial public offering.
Two sources familiar with the matter confirmed the schedule, signaling that the company is moving from preparatory groundwork to formal regulatory engagement.
The company is reportedly planning to sell up to 8% of its equity in the offering, though the final size remains subject to market conditions and regulatory approval.
The hearing is a standard but pivotal part of the HKEX listing process, where the exchange’s listing committee reviews the applicant’s compliance with listing rules and addresses any outstanding queries.
For Shein, this development narrows the window for a potential market debut, which has been targeted for September or October.
The company is reportedly planning to sell up to 8% of its equity in the offering, though the final size remains subject to market conditions and regulatory approval.
This progression comes after months of reported preparatory work, including the appointment of financial advisors and the filing of preliminary documents.