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Asia

Shein IPO debut disappoints: Fashion Giant tanks 10% on Hong Kong listing, valuation drops

mint - markets · 1h ago · 🇮🇳 India

Shein IPO debut disappoints: Fashion Giant tanks 10% on Hong Kong listing, valuation drops

Shein shares fell to a low of HK$43.72, compared with the IPO price of HK$48.56 per share. According to a Bloomberg report, the pricing gave Shein a market capitalisation of slightly more than $26 billion.

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