Shein Shares Fall 10% on Hong Kong Stock Exchange Debut
Shares of fast-fashion retailer Shein dropped approximately 10 percent during their long-awaited trading debut on the Hong Kong Stock Exchange. The subdued market reception follows a complex valuation reset and prolonged regulatory review ahead of the initial public offering.
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Shein Shares Plunge in HK Debut After Rocky Road to IPO
Shein struggled in its Hong Kong debut, with shares falling as much as 10% to HK$43.72 in early trading before paring losses. Bloomberg's Winnie Hsu reports from the Hong Kong Stock Exchange. (Source: Bloomberg)
Read full article →Fast-fashion retailer Shein's shares dive 10% after subdued Hong Kong IPO
Read full article →Shein shares slide 10% in long-awaited Hong Kong trading debut
On its debut, Shein is valued well below its 2022 peak of nearly US$100 billion.
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