Connor, Gabriel Friedman, and others. Daily content from Financial Times, the world Connor, Gabriel Friedman and others. Daily content from Financial Times, the world Founded in China but now headquartered in Singapore, Shein is nearing the end of a long journey to go public, after failing to proceed with IPOs in both New York and London. istargeting a valuationin the range of US$26 billion to US$27 billion in itsinitial public offeringin Hong Kong , according to people familiar with the matter, a sharp drop from its peak value. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.