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

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

HONG KONG (AP) — Shares in fast-fashion online retail giant Shein lost around 10% after it began trading on Hong Kong’s stock market Tuesday, after a long delay in the company’s plans to list its shares publicly. Shein raised about $1.7 billion, priced at HK$48.56 ($6.19) a share, in its initial pu...

Redirecting to full article...