Fast-fashion giant Shein’s shares fall after Hong Kong trading debut that spotlights its China roots

Jamaica Gleaner 34 h Jamaica

Shares in fast-fashion online retail giant Shein fell as much as 10 per cent after they began trading on Hong Kong’s stock market on Tuesday, after a long delay in the company’s plans to list its shares publicly. Shein raised about US$1.7 billion, priced at HK$48.56 (US$6.19) a share, in its initial public offering in Hong Kong in one of the city’s biggest new share sales this year. “Shein’s Hong

Aggregated from the leading newsrooms of the country. Every story links to its original source.