Bloomberg's Norah Mulinda joins Dani Burger on "Bloomberg Deals. " Fast-fashion retailer Shein is targeting a valuation in the range of $26 billion to $27 billion in its initial public offering in Hong Kong, according to people familiar with the matter, a sharp drop from its peak value.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-19/shein-is-said-to-target-up-to-27b-valuation-in-hk-ipo-video)

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