EconomyShein shares slide as fast-fashion retailer makes Hong Kong debut
Shein shares fell as much as 10% after the China-founded, Singapore-headquartered fast-fashion retailer began trading in Hong Kong. Its HK$48.56 offer price valued the company at just over $26bn; shares ended at HK$46.62, down 4%. The weak debut followed failed US and UK listing plans amid forced-labour and supply-chain concerns, while regulatory changes threaten its low-value parcel business model.
TThe Guardian★★★☆☆2026-09-01 07:11Original
Shein shares slide as fast-fashion retailer makes Hong Kong debut
Economy