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Fast-fashion giant Shein saw its stock drop by up to 10% shortly after trading began on the Hong Kong exchange, marking a rocky entry for the China-born company. The flotation, which valued the firm at $26 billion, comes after earlier attempts to go public in the US and UK fell through, a far cry from its previous $100 billion valuation. Headquartered in Singapore, the retailer’s first day on the market has raised fresh concerns among investors about its growth prospects.
Feed · 01.09.2026
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