Home Stocks Shares of fast-fashion giant Shein slide in Hong Kong after long-awaited IPO (SHEIN:Private)

Shares of fast-fashion giant Shein slide in Hong Kong after long-awaited IPO (SHEIN:Private)

by Deidre Salcido
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Shares of Shein (SHEIN) tumbled about 10% in early Hong Kong trading before paring losses to trade down 4% by lunchtime on Tuesday, last trading at HK$46.62.

The Singapore-headquartered, company sold about 280 million shares in its initial public offering, raising around 13.60 billion

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