HONG KONG: Online fashion retailer Shein's shares tumbled about 10 per cent in early Hong Kong trading on Tuesday (Sep 1) as the company made its long-awaited debut, capping a years-long effort to go public.The stock began trading at HK$48.56 each, in line with the final price set in the initial public offeri

On its debut, Shein is valued well below its 2022 peak of nearly US$100 billion.

HONG KONG, Sept 1 : Shares in fast fashion giant Shein were set open flat in their Hong Kong market debut on Tuesday, hurt by numerous setbacks that have long delayed its listing and undermined the foundations of its business.Known globally for selling $5 tops and $10 dresses, Shein has been humbled by tariff

HONG KONG, Aug 31 : Shares of online fast-fashion retailer Shein slumped more than 10 per cent in gray-market trading on Monday, one day ahead of its Hong Kong Stock Exchange debut.The company raised $1.7 billion at HK$48.56 a share, valuing it at about $26.5 billion, according to sources who declined to be i

HONG KONG, Aug 31 : Shares of online fast-fashion retailer Shein dropped more than 10 per cent in gray-market trading on Monday ahead of its Hong Kong Stock Exchange debut on Tuesday. The company raised $1.7 billion at HK$48.56 a share, valuing the company at about $26.5 billion, sources told Reuters. Shein'

Aug 31 : Shein on Monday priced its initial public offering in Hong Kong at the midpoint of its marketed range, raising HK$13.60 billion ($1.74 billion) from the share sale. The online fast-fashion retailer has offered 280 million shares for the listing at HK$48.56 per share, below the maximum offer price of

Aug 31 : Shein on Monday priced its initial public offering in Hong Kong at the midpoint of its marketed range, raising HK$13.60 billion ($1.74 billion) from the share sale. The online fast-fashion retailer has offered 280 million shares for the listing at HK$48.56 per share, below the maximum offer price of