Shein made its Hong Kong Stock Exchange debut on Tuesday, with shares falling as much as 10% in early trading before closing at HK$48.50 ($6.19) — nearly flat with its IPO price of HK$48.56. The listing raised HK$13.6 billion ($1.7 billion) and valued the company at approximately $26.3 billion.
Shein Debuts on Hong Kong Exchange at $26B Valuation