Shein Shares Drop in Disappointing Hong Kong Stock Market Debut
Fast-fashion retailer Shein saw its shares fall approximately 10 percent during its highly anticipated initial public offering on the Hong Kong exchange. Investors reacted cautiously to the company's revised valuation and subdued market reception.
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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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