Shein is a big company that sells cheap clothes online. They wanted to sell parts of their company to the public, but now they are facing some problems with other companies and people. So, some of the people who own parts of Shein want to sell them now at a lower price than before because they think it might not be worth as much in the future. Read from source...

1. The title is misleading and sensationalist, implying that Shein's backers are desperately trying to offload shares at a massive discount, while the article only states that they are looking for buyers willing to pay a 30% lower price than the expected IPO valuation.
2. The article uses vague terms like "fading hopes" and "stiff competition", without providing any concrete data or evidence to support these claims. It also fails to mention other potential factors that could affect Shein's IPO prospects, such as regulatory issues, market conditions, or internal management problems.
3. The article relies on unnamed sources and hearsay, which reduces its credibility and reliability. For example, it cites "analysts" who claim that Shein is facing a direct rival from PDD Holdings, without specifying their names, affiliations, or expertise in the field. It also quotes "major clothing brands" accusing Shein of copyright infringement, but does not provide any examples or details of these allegations.
4. The article uses emotional language and negative tone to convey a sense of urgency and doom for Shein's IPO. For example, it describes Shein as "once a dominant player" and implies that its market position has significantly deteriorated due to the competition from PDD Holdings. It also mentions the declining valuations for startups and technology companies, without acknowledging any possible positive aspects or opportunities for growth in the sector.

Dear user, I have read the article you provided me with and analyzed its content. Based on my understanding of the market dynamics and the potential opportunities and threats for Shein's backers and investors, I would like to offer you some comprehensive investment recommendations and risks associated with them. Please note that these are not guaranteed or endorsed by me, but rather based on my own judgment and analysis. You should always do your own research before making any decisions.