HONG KONG, Sept 2 : Shares of Shein are set to open down 0.45 per cent in Hong Kong on Wednesday at HK$48.28, a day after their lacklustre debut session following a long-awaited initial public offering.The online fast-fashion retailer's stock tanked by as much as 10 per cent on Tuesday but recovered to close
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Shein shares fell over 3% after a weak Hong Kong debut, highlighting investor concerns over valuation, slowing growth and…
Shares in the business dropped by as much as 10% in early trading.
The fast-fashion retailer sold 280 million shares at HK$48.56 each, according to an exchange filing Monday.
Fast-fashion retailer completes long-delayed IPO at bargain-basement valuation
Shares in online fast-fashion retailer Shein dropped 4% in their first day of trading in Hong Kong on Tuesday after slumping as…
Known globally for selling cheap clothes, Shein has been humbled by tariff and duty changes in the US and Europe that have…
