MarketsNotableSingle-sourceDeveloping
5.2
Shein shares plunge up to 28% in grey market ahead of Hong Kong debut
South China Morning PostLO·HK · CN·about 23 hours ago
Shein began trading on the Hong Kong Stock Exchange on Tuesday, with shares falling in its long-awaited debut. The listing follows years of failed attempts to list in New York and London, and the weak start reflects investor caution over regulatory and supply-chain risks. The outcome signals continued scrutiny of Chinese fast-fashion firms in Western markets.