World · 1 sources covering this

Shein shares slide on fast-fashion retailer’s stock market debut

Hong Kong flotation at $26bn by firm once valued at $100bn follows failure to list in US and UK Shares in the fast-fashion brand Shein slumped by as much as 10% as the China-founded company made its long-anticipated trading debut on the Hong Kong stock exchange. The Singapore-headquartered company, once valued at almost $100bn (£74bn), went public on Tuesday pricing shares at HK$48.56, valuing the business at just over $26bn. Continue reading...

Share:X WhatsApp Reddit Facebook LinkedIn Open ↗

Coverage spectrum

1 L · 0 C · 0 R

How 1 sources are covering this

The GuardianLean L·4h ago
Shein shares slide on fast-fashion retailer’s stock market debut
Hong Kong flotation at $26bn by firm once valued at $100bn follows failure to list in US and UK Shares in the fast-fashion brand Shein slumped by as much as 10% as the China-founded company made its long-anticipated trading debut on the Hong Kong stock exchange. The Singapore-headquartered company, once valued at almost $100bn (£74bn), went public on Tuesday pricing shares at HK$48.56, valuing the business at just over $26bn. Continue reading...
Read at The Guardian →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://statesidedaily.com/embed/cluster/4d476f424e964827e9e69b3efc1ca4d53deff343"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Shein shares slide on fast-fashion retailer’s stock market debut"></iframe>

Shein shares slide on fast-fashion retailer’s stock market debut

How 1 sources are covering this

Shein shares slide on fast-fashion retailer’s stock market debut

More from World

Global Bond Sell-Off Puts Investors on Edge

Zambia's president sworn in for second term while opponent detained

Burnham chairs cabinet meeting before first statement to MPs as prime minister – UK politics live

Not just guilty or not - The jury's options in Lindsay Clancy's murder trial

Reader

Trust & legal

Across the network