Shein's Hong Kong IPO May Reveal Elusive Founder Yangtian Xu

Shien Set for Long-Awaited Hong Kong IPO Debut

From a peak valuation of 100 billion dollars to a targeted debut at a fraction of that figure, ultra-fast fashion giant Shein is preparing for a long-awaited public listing. But as regulatory crackdowns close tax loopholes and squeeze profit margins, the digital retailer is being forced to radically remake its business model. Bloomberg’s Minmin Low reports from Hong Kong. (Source: Bloomberg)