EconomyShein shares fall nearly 8% in Hong Kong debut
Fast-fashion giant Shein fell almost 8% on its first day of trading in Hong Kong after unsuccessful efforts to list in the US and UK. The offering raised HK$13.6bn and valued the company at $26.3bn, as labour, environmental and regulatory concerns, competition and trade tensions weigh on its prospects.
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BBC News★★☆☆☆2026-09-01 02:51Original
Shein shares fall nearly 8% in Hong Kong debut
Economy