Shein Shares Drop 10% in Lackluster Hong Kong Stock Market Debut
Shares of fast-fashion retailer Shein fell roughly 10 percent on their first day of trading in Hong Kong. The lackluster debut follows a prolonged and highly scrutinized initial public offering process.
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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.
Read full article →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
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