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Chinese-founded fast-fashion retailer Shein seeks to raise $1.8 billion in Hong Kong IPO

Chinese-founded fast-fashion retailer Shein is seeking to raise HK$13.9 billion ($1.8 billion) in its IPO at the Hong Kong Stock Exchange, as the company's shares are expected to commence trading on September 1, according to a filing to the Hong Kong stock exchange on Monday, AzerNEWS reports, citing Global Times.