Shein's Hong Kong IPO flops as France targets fast-fashion fines

France targets Shein and Temu with fast fashion fines - Reuters

France targets Shein and Temu with fast fashion fines  Reuters

Fast-fashion giant Shein's shares fall after Hong Kong trading debut that spotlights its China roots - AP News

Fast-fashion giant Shein's shares fall after Hong Kong trading debut that spotlights its China roots  AP News

Shein shares fall in long-awaited stock market debut

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

Shein’s Debut Shows the Cost of IPO Missing Its Growth Peak

Shein Global Holdings Ltd.’s shares long-awaited market debut has come at an awkward time: the fast-fashion retailer’s peak growth years are behind it just as tariffs, regulatory pressure and intensifying competition are making its next phase harder.

By Bloomberg News

Shein’s Shares Fall in Long-Awaited Hong Kong Debut - WSJ

Shein’s Shares Fall in Long-Awaited Hong Kong Debut  WSJ

Shein shares slide on fast-fashion retailer’s stock market debut

Hong Kong flotation at $26bn by firm once valued at $100bn follows failure to list in US and UK Shares in the fast-fashion brand Shein slumped as much as 10% as the China-founded company made its long-anticipated trading debut on the Hong Kong stock exchange. The Singapore-headquartered company, once valued at almost $100bn (£74bn), went public on Tuesday pricing shares at HK$48.56, valuing the business at just over $26bn. Continue reading...

By Mark Sweney

Shein’s Hong Kong debut muted by investor concerns about growth and regulatory risks

Shares in the online fast-fashion retailer ended flat after its first day of trading

By Yantoultra Ngui and Selena Li and Kane Wu

Shein shares fall up to 10% after long-awaited trading debut

The fast-fashion giant’s stock slumped after four years of public backlash over labor and ethical concerns.

By Nora Redmond

What happened to Shein? Shares slide in fast-fashion retailer’s Hong Kong debut

Known globally for selling $5 tops and $10 dresses, Shein was founded in China in 2012

By Selena Li,Kane Wu and Yantoultra Ngui

Shein just went public at about 25% of its peak valuation

Fast fashion behemoth Shein went public on Tuesday. Cheng Xin/Getty Images Shein went public on Tuesday at a fraction of its peak valuation. The company offered 280 million shares at the price of 48.56 Hong Kong dollars, or $6.19. Its valuation ahead of the IPO was $26.3 billion, down from its $100 billion private valuation in 2022. After months of delays, fast fashion behemoth Shein went public on Tuesday at a fraction of its peak valuation. On Monday, the Singapore-headquartered retailer ...

Shein Plunges In Hong Kong Debut As Growth Worries Mount

The Singapore-headquartered fashion giant’s lackluster IPO gives it a market cap of $24 billion–an almost 80% fall from the nearly $100 billion peak valuation reached after a 2022 funding round.

By Yue Wang, Senior Contributor

Shein shares see a rocky stock market debut in Hong Kong

By Bloomberg

Shein shares plunge 10% in Hong Kong debut after rocky road to IPO

The shares fell to as low as HK$43.72 in early trading, compared with the IPO price of HK$48.56, before recovering some of the losses.

France targets Shein and Temu with fast fashion fines

France has started imposing penalties on the extreme end of fast fashion to try to curb a surge in sales of cheap clothing sold by e-commerce sites including Shein and Temu.

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.

Shares of fast-fashion giant Shein slide in Hong Kong after long-awaited IPO

France targets Shein and Temu with fast fashion fines

France started imposing penalties on the extreme end of fast fashion on Tuesday to try to curb a surge in sales of cheap clothing sold by e-commerce sites including Shein and Temu.

By Reuters

Shein’s pursuit of an IPO: From New York to London to Hong Kong

By Reuters

Shein's Hong Kong listing debut sours with 10% plunge after rocky IPO

(Bloomberg) -- Shein Global Holdings Ltd. struggled in its Hong Kong debut after a years-long process to an initial public offering that eventually valued the company at a fraction of what it was once worth and still left investors questioning its value as consumer play.

By Bloomberg

Shein shares slide up to 10% in lukewarm Hong Kong debut - news24.com

Shein shares slide up to 10% in lukewarm Hong Kong debut  news24.com

Shein shares slide as much as 10% in Hong Kong trading debut

Shares in online fast-fashion retailer Shein dropped 4% in their first day of trading in Hong Kong on Tuesday after slumping as much as 10%, with investors worried about the impact...

International Business: France targets Shein and Temu with fast fashion fines - Gulf Daily News (Bahrain)

International Business: France targets Shein and Temu with fast fashion fines  Gulf Daily News (Bahrain)