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

Shein will go to market at its cut-price IPO later this week, as the fast-fashion giant’s rapid rise begins to slow.

Investors will find how much the company is initially valued at when it makes its debut on the Hong Kong stock exchange on Tuesday.