Chinese fast-fashion retailer Shein raised $1.7 billion in its Hong Kong initial public offering on September 1, 2026, pricing shares at HK$48.56 each. Trading began with a sharp decline of up to 10%, driven by concerns about slowing growth and regulatory headwinds.
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Shein began trading in Hong Kong on Tuesday after selling about 280 million shares at HK$48.56 each, raising HK$13.6 billion, or about US$1.7 billion, in one of Hong Kong’s biggest IPOs of 2026 [jornaldenegocios.pt#1][bbc.co.uk#1][scmp.com#1][rthk.hk#1][perthnow.com.au#1]. The fast-fashion retailer’s shares fell as much as 10% in early trading to HK$43.72 before paring losses; some sources said th
Shein made its Hong Kong market debut on Tuesday after years of attempts to go public.
Shein shares slide in Hong Kong debut on concerns about growth and regulatory risks Reuters
The firm's Hong Kong listing on Tuesday comes after a years-long quest to sell shares in New York and London.
Shares in fast-fashion online retail giant Shein have begun trading on Hong Kong’s stock exchange after a long delay.
Fast-fashion giant Shein's shares fall after Hong Kong trading debut that spotlights its China roots AP News
Shein struggled in its Hong Kong debut, with shares falling as much as 10% to HK$43.72 in early trading before paring losses. Bloomberg's Winnie Hsu reports from the Hong Kong Stock Exchange. (Source: Bloomberg)
Shein shares fell Tuesday in their Hong Kong debut after the fast-fashion retailer raised about $1.7 billion in a long-delayed initial public offering priced at HK$48.56 a share [cnbc.com#1][scmp.com#1][bbc.co.uk#1][wral.com#1]. The stock dropped as much as 10% to HK$43.72, with some reports citing a low of about HK$43.8, before narrowing losses. Several reports put the midday decline at about 3.5
Shein Global Holdings began trading in Hong Kong on Tuesday after raising about $1.7 billion in an initial public offering, pricing its shares at HK$48.56 and valuing the fast-fashion retailer at about $26 billion-$26.5 billion [thenationalnews.com#1][rthk.hk#1][abcnews.com#1][scmp.com#1][theguardian.com#1]. The stock fell as much as 10% to HK$43.72 in early trading before closing at HK$48.50, dow
Shein has listed in Hong Kong after failed attempts in New York and London, as US tariffs and rising shipping costs squeeze the fast-fashion giant's profits.
The shares fell to as low as HK$43.72 in early trading, compared with the IPO price of HK$48.56, before recovering some of the losses.
Hong Kong flotation at $26bn by firm once valued at $100bn follows failure to list in US and UK Shares in the fast-fashion brand Shein slumped by as much as 10% as the China-founded company made its long-anticipated trading debut on the Hong Kong stock exchange. The Singapore-headquartered company, once valued at almost $100bn (£74bn), went public on Tuesday pricing shares at HK$48.56, valuing the
The firm's Hong Kong listing on Tuesday comes after a years-long quest to sell shares in New York and London.
Shein shares fell as much as 10% in their Sept. 1 Hong Kong trading debut after the fast-fashion retailer priced its initial public offering at HK$48.56 a share and raised about $1.7 billion, or HK$13.6 billion [abcnews.com#1][euronews.com#1][scmp.com#1][theguardian.com#1]. The stock dropped below HK$44 in early trading before closing nearly flat at HK$48.50, compared with the IPO price [abcnews.c
Fast-fashion retailer completes long-delayed IPO at bargain-basement valuation
Shein’s Hong Kong IPO puts the focus on how the fast-fashion retailer can reaccelerate growth as its low-cost model faces new pressures.