Shein shares drop over 9% in Hong Kong debut after $1.7bn IPO, as regulatory scrutiny, new tariffs and EU duties weigh on the fast-fashion giant’s global ambitions

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…

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…

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