Shein loses window and has a modest debut in Hong Kong
A Shein, a gigante chinesa de fast fashion que conquistou o mundo com suas blusinhas a preço de banana e já chegou a ser avaliada em quase US$ 100 bilhões, teve uma estreia frustrante hoje na Bolsa de Hong Kong. O papel mergulhou 10% no início das negociações mas fechou praticamente estável, com as medidas […] The post Shein perde janela e tem estreia modesta em Hong Kong appeared first on Brazil…
Shein's Hong Kong stock market debut was disappointing, with its shares plummeting 10% at the start of trading before stabilizing with a slight decline. The company's valuation was nearly $100 billion at its peak in 2022 but now stands at $26.3 billion. The initial public offering raised $1.7 billion, with investors showing limited enthusiasm. Shein faces challenges including increased scrutiny from Europe and the US over low-value imports and rising costs due to trade tensions.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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- Shein shares slide in Hong Kong debut on worries about trade and regulatory risks channelnewsasia.com
- Hong Kong’s independent bookstores feel the squeeze economictimes.indiatimes.com
