Shein Prices Hong Kong IPO Below Top End of Range

Can cut-price Shein shine in its long-awaited stock market debut?

The firm's Hong Kong listing comes after a years-long quest to list in New York and London.

Shein Set to Debut in Test of Investor Demand for Consumer Plays

Shein Global Holdings Ltd. is set to begin trading in Hong Kong after raising HK$13.6 billion ($1.7 billion) in an initial public offering, testing investor appetite for the stocks of companies outside the artificial intelligence supply chain.

By Bloomberg News

Shein shares plunge up to 28% in grey market ahead of Hong Kong debut

Shein Global Holdings shares plunged in the grey market day ahead of its Hong Kong debut, further shaking market confidence in the company’s valuation. On Monday evening its shares closed 13.1 per cent lower at HK$42.2 after dropping as much as 28 per cent, according to Futu Holdings data. With a board lot size of 100 shares, each lot yielded a loss of HK$636, excluding transaction fees. Shein raised HK$13.6 billion (US$1.7 billion) after pricing shares for its Hong Kong listing at just above...

By Zoe SL Chan

China’s AI-fueled IPO boom hits $54 billion this year, with chipmakers and Shein’s $1.7 billion IPO

Hong Kong and Shanghai captured 21% of global new-share proceeds as China’s AI companies abandoned Wall Street for home

By The Associated Press, Chan Ho-Him

Shein prices Hong Kong IPO at midpoint of range, raises $1.74 billion