Shein Shares Plunge 10% in Hong Kong Stock Exchange Debut

Forrester's Kodali on Shein's HK Debut, Outlook

Sucharita Kodali, Vice President and Principal Analyst at Forrester Research, discusses Shein's trading debut in Hong Kong and the outlook for the e-commerce and fast-fashion industry. She speaks with Yvonne Man and David Ingles on Bloomberg: The China Show. (Source: Bloomberg)

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

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

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

Fast-fashion retailer Shein's shares dive 10% after subdued Hong Kong IPO

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.

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

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