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Shein shares plunge up to 28% in grey market ahead of Hong Kong debut

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Shein shares plunge up to 28% in grey market ahead of Hong Kong debut
Shein shares plunge up to 28% in grey market ahead of Hong Kong debut
Shein Global Holdings shares plunged in the grey market day ahead of its Hong Kong debut, further shaking market confidence in the company’s valuation. On Monday evening its shares closed 13.1 per cent lower at HK$42.2 after dropping as much as 28 per cent, according to Futu Holdings data. With a board lot size of 100
BBC Business
BBC Business2 hrs ago
Can cut-price Shein shine in its long-awaited stock market debut?
The firm's Hong Kong listing comes after a years-long quest to list in New York and London.
Reuters
Reuters9 hrs ago
Shein prices Hong Kong IPO below top end of range, raises $1.74 billion
Shein prices Hong Kong IPO below top end of range, raises $1.74 billion  Reuters
Shein prices Hong Kong IPO at midpoint of range, raises $1.74 billion
FILE PHOTO: Clothes from fast-fashion brand Shein hang at their office in Sao Paulo, Brazil, December 15, 2025. REUTERS/Jorge Silva/File Photo 31 Aug 2026 10:03PM Aug 31 : Shein on Monday priced its initial public offering in Hong Kong at the midpoint of its marketed range, raising HK$13.60 billion ($1.74 billion) from
Quartz
Quartz11 hrs ago
Shein stock sank before its Hong Kong debut, signaling weak investor appetite
The fast-fashion retailer priced its IPO at HK$48.56 a share, raising $1.7 billion at a valuation of about $26.5 billion
CNN
CNN18 hrs ago
Shein’s dressed for its long-awaited market debut in Hong Kong. But the party may be over | CNN Business
Shein’s dressed for its long-awaited market debut in Hong Kong. But the party may be over | CNN Business  CNN
Toronto Star
Toronto Star20 hrs ago
AI and robotics drive an IPO boom in China as Shein lists in Hong Kong
AI and robotics drive an IPO boom in China as Shein lists in Hong Kong  Toronto Star
The Independent
The Independent20 hrs ago
AI and robotics drive an IPO boom in China as Shein lists in Hong Kong
Chinese markets are booming with new public share listings driven by the craze for artificial intelligence
AP News
AP News🏁 first to report20 hrs ago
AI and robotics drive an IPO boom in China as Shein lists in Hong Kong
AI and robotics drive an IPO boom in China as Shein lists in Hong Kong  AP News