Shein’s $1.8B Hong Kong IPO LIVE: Fashion Giant Shein Debuts on Hong Kong Stock Exchange | HK IPO
LIVE: Shein makes its highly anticipated debut on the Hong Kong Stock Exchange.
Watch LIVE coverage as fast-fashion giant Shein Global Holdings begins trading in Hong Kong following its $1.7 billion IPO.Shein opened at HK$48.56 per share, matching its IPO price, before shares fell sharply in early trading. The listing values the company at around $26.5 billion, significantly below its nearly $100 billion valuation peak in 2022.
The debut comes as Shein faces slowing growth, tougher trade policies and tariffs, regulatory scrutiny and increasing competition from rivals such as Temu and AliExpress.
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