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Business & Finance

Shein shares slide on fast-fashion retailer’s stock market debut

The Guardian UK Tuesday 01 September 2026, 07:11 UTC By Mark Sweney 1 min read
Key Points

Hong Kong flotation at $26bn by firm once valued at $100bn follows failure to list in US and UKShares in the fast-fashion brand Shein slumped as much as 10% as the China-founded company made its long-anticipated trading debut on the Hong Kong stock exchange. The Singapore-headquartered company, once valued at almost $100bn (£74bn), went public on Tuesday pricing shares at HK$48.56, valuing the business at just over $26bn.

Hong Kong flotation at $26bn by firm once valued at $100bn follows failure to list in US and UK

Shares in the fast-fashion brand Shein slumped as much as 10% as the China-founded company made its long-anticipated trading debut on the Hong Kong stock exchange.

The Singapore-headquartered company, once valued at almost $100bn (£74bn), went public on Tuesday pricing shares at HK$48.56, valuing the business at just over $26bn.

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Shein (PERSON) Hong Kong (LOCATION) US (LOCATION) UKShares (ORG) China (LOCATION) Singapore (LOCATION)
Originally published by The Guardian UK Read original →

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