According to the CSRC, Shein plans to list 341.6 million shares on the Hong Kong Stock Exchange and aims to raise a few billion dollars in the listing.
In four years, Shein has seen its valuation plunge from $100 billion to around $30 billion.
The e-commerce giant, which moved its headquarters to Singapore in 2021, previously called off a bid to list its shares on Wall Street after concerns about its suppliers and their treatment of employees. An attempt to list in London was also scrapped after Chinese authorities blocked it.
