Shares in Shein plunged by as much as 10% as trading got underway in its debut on Hong Kong stock exchange but later recovered to end the day flat. Fast-fashion retailer Shein, known for its ultra-low prices and rapidly produced clothes, made a tepid Hong Kong debut on Tuesday, having raised US$1.7 billion in a high-profile initial public offering. Key points and original sources are listed below.
- Shares in Shein plunged by as much as 10% as trading got underway in its debut on Hong Kong stock exchange but later recovered to end the day flat.S1
- Fast-fashion retailer Shein, known for its ultra-low prices and rapidly produced clothes, made a tepid Hong Kong debut on Tuesday, having raised US$1.7 billion in a high-profile initial public offering. The flotation comes after the company's plans to list in...S2