Tuesday 1 September 2026 SourcesAbout🌓
🇦🇺 AU ▾
BREAKING
World

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

The Guardian Australia - World ·
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 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 the full article on The Guardian Australia - World ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.theguardian.com — the content belongs to The Guardian Australia - World.

More from The Guardian Australia - World

See all ›

More in World

See all ›