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SHEIN Completes Initial Public Offering.
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SHEIN Global Holdings, the operator of the Chinese e-commerce giant SHEIN, listed on the Hong Kong Stock Exchange on September 1st. The offering price was HK$48.56 per share, and the market capitalization based on the initial price was approximately $26.5 billion (approximately 4.24 trillion yen*). SHEIN, once called a "monster in the apparel industry," saw its company valuation at the time of listing shrink to about a quarter of its peak of app…
Shein loses 17.5% in four days after opening in Hong Kong; end of exemptions, tariffs and regulatory pressure challenge low cost model
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