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Shein lost about $5B in market value since its IPO, dropping to ~$21B, as it finished one of the worst opening weeks after a major Hong Kong listing (Bloomberg)

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 …

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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