Global MarketsAugust 4 at 12:09 AM

Shein targets mid-August launch for Hong Kong IPO and is seeking a USD 30bln-40bln valuation for its Hong Kong IPO

StockNow breaking-news AI analysis

Shein aims for a $30B-$40B valuation in its mid-August Hong Kong IPO, raising up to $3B following CSRC approval, despite ongoing FTC investigations and lower-than-peak valuation targets.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

U.S. Markets

Eli Lilly (LLY) Q2 2026 (USD): Adj. EPS 8.38 (exp. 6.01), Revenue 23bln (exp. 20.7bln)

LLY Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

U.S. Economy