Shein Global Holdings receives approval from China’s securities regulator to proceed with a planned initial public offering in Hong Kong, ending a yearslong effort to list. Multiple outlets report the approval comes from the China Securities Regulatory Commission (CSRC), allowing the company to move forward with its Hong Kong listing process.

The reports also describe Shein’s valuation and prior attempts. Tech in Asia and others note Shein’s valuation history, including a peak around US$100 billion in 2022 and about US$66 billion in 2023. Other coverage says the company previously sought to go public in New York or London but faced setbacks amid regulatory scrutiny, and that the Hong Kong listing is a continuation of its offshore capital-raising plans.

Timing details vary by outlet. Some sources indicate an expected IPO window as soon as mid-August, while others focus on the approval itself. South China Morning Post adds that the CSRC approval includes plans to issue up to 341.6 million shares for the Hong Kong listing.

Overall, the outlets agree that Chinese regulator clearance is in place, but they differ mainly on the emphasis—whether on valuation, the firm’s earlier failed IPO routes, or the anticipated schedule for launching the offering.