Shein's founder, Sky Xu, appeared briefly at the Hong Kong stock exchange debut. He maintained a reclusive persona, unlike other company leaders. This low profile reflects a broader trend among Chinese businessmen today. Shein's valuation has significantly decreased from its previous peak. The company faced past rejections for overseas stock exchange listings.

Shein se lanza a bolsa en Hong Kong, una operación que ya ha descarrilado un par de veces y que puede sacar del anonimato a su esquivo fundador y consejero delegado, poco dado a…

Shein is set to go public in Hong Kong on Tuesday at just over a quarter of the $100 billion it was worth in 2022.

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

Shares in the business dropped by as much as 10% in early trading.