The Information — AI · · 1 min read

Shein Ends Flat in Debut After Raising $1.7 Billion in Hong Kong IPO

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Shares of Chinese online fashion giant Shein ended flat on its first day of trading on the Hong Kong stock exchange, capping off the company’s convoluted multiyear quest to go public.

Shein’s shares opened at HK$48.56 on Tuesday, and dropped as much as 10% before shedding the losses and closing ...

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