By Kane Wu and Selena Li
HONG KONG, Aug 11 (Reuters) – Online fast-fashion retailer Shein is planning to launch its Hong Kong initial public offering as soon as next Wednesday, two people with knowledge of the matter said on Tuesday.
The Singapore-based company has been marketing the share offering to investors this week, said one of the two sources and a third source with knowledge of the marketing plans.
Shein did not immediately respond to a Reuters request for comment.
Shein is targeting a valuation between $30 billion to $40 billion in the IPO, Reuters reported last week.
The sources declined to be named as the information was confidential.
(Reporting by Kane Wu and Selena Li; Editing by Christian Schmollinger)
