Shein’s Value Down $5 Billion, Among HK’s Worst Post-IPO Weeks
Shein Global Holdings Ltd. has lost about $5 billion in market value since its initial public offering as it finished one of the worst opening weeks after a major Hong...
By Bloomberg News · Bloomberg Markets
Shein Global Holdings Ltd. has lost about $5 billion in market value since its initial public offering as it finished one of the worst opening weeks after a major Hong Kong listing, underscoring investor concerns over the fast-fashion retailer’s growth outlook.