Shein Shares Fall 10% on Hong Kong Stock Market Debut
Fast-fashion retailer Shein saw its shares drop roughly 10% during its long-awaited initial public offering on the Hong Kong Stock Exchange. The underwhelming debut has triggered investor concerns over the company's near-term growth prospects.
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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
Read full article →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)
Read full article →Shein’s Shares Fall in Long-Awaited Hong Kong Debut - WSJ
Shein’s Shares Fall in Long-Awaited Hong Kong Debut WSJ
Read full article →Shein shares fall after stock market debut in Hong Kong
Shares in the business dropped by as much as 10% in early trading.
By Holly Williams
Read full article →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
Read full article →Fast-fashion retailer Shein's shares dive 10% after subdued Hong Kong IPO
Read full article →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.
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 →Shares of fast-fashion giant Shein slide in Hong Kong after long-awaited IPO
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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