Asia PacificBusinessChinaHong KongIPOsRetail industrySheinWorld news

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

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This story was selected and curated by our editorial team in the Asia Pacific category. Published on September 1, 2026 • Originally reported by Mark Sweney. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

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 by 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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