The fast-fashion retailer sold 280 million shares at HK$48.56 each, according to an exchange filing Monday.

Shein completed its Hong Kong IPO at a $26.5B valuation, raising $1.7B. The price marks a 70% decline from its 2022 peak amid slowing growth and

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…

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

Company's move to go public is test of investor appetite for internet retailers